NSTS Bancorp Announces Authorization of Stock Repurchase Program
WAUKEGAN, Ill., Dec. 21, 2023 (GLOBE NEWSWIRE) — NSTS Bancorp, Inc. (NASDAQ:NSTS) (the “Company” or “NSTS Bancorp”), the stock holding company of North Shore Trust and Savings, announced today that its Board of Directors has approved a new stock repurchase program that authorizes the Company to repurchase up to an aggregate of 265,763 shares of the Company’s outstanding common stock. The shares authorized to be repurchased represent approximately 5.0% of the Company’s currently outstanding common stock. The program will be in effect until December 31, 2024, unless earlier terminated.