Valley National Bancorp Announces Adoption of Share Repurchase Program

(VLY)   Report
NEW YORK, April 26, 2023 (GLOBE NEWSWIRE) — Valley National Bancorp (NASDAQ:VLY) (‘Valley’) today announced that its Board approved a stock repurchase program for up to 25 million shares of Valley common stock. The authorization to repurchase will expire on April 25, 2024. The timing and actual number of shares repurchased will depend on a variety of factors, including price, general business and market conditions, and alternative investment opportunities. Valley’s Board also terminated its 2007 stock repurchase program.