SR Bancorp, Inc. Announces Third Stock Repurchase Program

SR Bancorp, Inc. has announced its third stock repurchase program, authorizing the repurchase of up to 10% of its outstanding common stock, equating to 801,320 shares. This program is set to commence upon the completion of the Company's second stock repurchase program, which currently has 22,176 shares remaining. The repurchases may occur through various methods, including open market transactions or private arrangements, and will be conducted in accordance with relevant SEC rules. The decision on the timing and volume of repurchases will be influenced by factors such as stock availability, market conditions, stock price, capital allocation priorities, and the Company's financial performance. SR Bancorp, Inc. is the holding company for Somerset Regal Bank, a New Jersey-based commercial bank with $1.14 billion in total assets as of March 31, 2026.