Catalyst Bancorp, Inc. announced the approval of its sixth share repurchase plan, the November 2025 Repurchase Plan.
The Company may repurchase up to 205,000 shares, approximately 5% of its outstanding common stock under this plan.
Since January 2023, Catalyst Bancorp has repurchased 1,180,817 shares of its common stock, around 22% of the originally issued shares, at an average cost of $11.97 per share.
Share Repurchase Plan Approval
Board of Directors approved the November 2025 Repurchase Plan for repurchasing 205,000 shares.
Total Shares Repurchased
Company has repurchased 1,180,817 shares, equivalent to approximately 22% of common shares originally issued.
Average Cost per Share
Average cost per repurchased share stands at $11.97 since January 2023.
- Catalyst Bancorp, Inc. aims to improve shareholder value and signal confidence through this share repurchase plan.
- The repurchase of common stock reflects the Company's financial strength and belief in its future growth prospects.
The November 2025 Repurchase Plan signifies Catalyst Bancorp's commitment to enhancing shareholder value and confidence in the Company's financial performance and growth trajectory.