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October 19, 2012
12:22 EDTUBNKUnited Financial announces new 769,000 share repurchase plan
United Financial Bancorp announced that its Board of Directors has approved a new stock repurchase program. Under the program, the company intends to repurchase up to 769,000 shares from time to time, depending on market conditions and other factors, at prevailing market prices in open-market or privately negotiated transactions. The authorized share repurchases represent approximately 5.0% of United Financial Bancorp's current total outstanding common stock. The new plan will commence upon the latter of the completion of the company's current repurchase program announced on October 26, 2010 or the day after the New England Bancshares special meeting to approve the merger with the company, which is scheduled for November 1. The company has approximately 69,000 shares remaining under the current program.
News For UBNK From The Last 14 Days
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April 22, 2015
16:31 EDTUBNKUnited Financial announces organizational restructuring
United Financial Bancorp and United Bank announced an organizational restructuring and the creation of a new executive position called the Head of Consumer Strategy, effective July 1. Brandon C. Lorey, EVP and Head of Consumer Lending, will fill the new position of Head of Consumer Strategy where he will oversee United's retail branch network, Contact Center, Virtual Banking, Loan Servicing and United Northeast Financial Advisors, the Bank's financial advisory team. These responsibilities will be in addition to his current duties of managing Consumer Lending, Mortgage Banking and Loan Servicing.
April 21, 2015
16:20 EDTUBNKUnited Financial raises quarterly dividend to 12c per share from 10c per share
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16:19 EDTUBNKUnited Financial reports Q1 EPS 26c, consensus 23c
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