Short answer
Hanover Bancorp, Inc. /MD (HNVR) filed an 8-K current report with the SEC on August 26, 2026 reporting Item 8.01 (Other Events). New buyback authorization for up to 370,000 shares, approximately 5% of outstanding common stock.
Hanover Bancorp, Inc. /MD 8-K event analysis
AI summary of each reported item and its exhibits
Item 8.01 · Other Events
- New buyback authorization for up to 370,000 shares, approximately 5% of outstanding common stock
- Program begins after exhaustion of the October 5, 2023 authorization and expires August 17, 2027
- Repurchases signal capital-return support and could reduce shares outstanding, potentially benefiting per-share metrics
- Execution remains discretionary, subject to stock price, market conditions, capital needs, liquidity and regulatory requirements
- Rule 10b5-1 plans may enable purchases during blackout periods, but no specific repurchase volume is guaranteed
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
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