Valley National Bancorp Announces Adoption Of Share Repurchase Program

February 21, 2024

https://www.globenewswire.com/news-release/2024/02/21/2833174/0/en/Valley-National-Bancorp-Announces-Adoption-Of-Share-Repurchase-Program.html

NEW YORK, Feb. 21, 2024 (GLOBE NEWSWIRE) — Valley National Bancorp (NASDAQ:VLY) (“Valley”) today announced that its Board of Directors approved a stock repurchase program authorizing the purchase of up to 25 million shares of Valley common stock. Valley’s current stock repurchase program, unless terminated sooner, is set to expire on April 25, 2024. The authorization to repurchase under the new repurchase program will be effective on April 26, 2024 and expire on April 26, 2026. 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.

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