TrustCo Bank Corp NY (TRST) announced that its board has authorized a new stock repurchase program. Under this program, the company may buy back up to 2 million shares of its common stock, representing approximately 11% of currently outstanding shares.
This new authorization follows the successful completion of a previously approved one-million share repurchase program, which the Company finalized earlier this month.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.