NB Bancorp Inc.

05/13/2026 | Press release | Distributed by Public on 05/13/2026 12:01

Material Event (Form 8-K)

Item 8.01 Other Events

On May 13, 2026, NB Bancorp, Inc. (the "Company") announced the completion of its stock repurchase program. Under the plan, the Company repurchased 2,207,236 shares, or approximately 5% of its then outstanding common stock. The shares were repurchased by the Company at an average price of $20.96 per share, including commission and excise tax.

Since announcing its first stock repurchase program on January 22, 2025, through the completion of the third stock repurchase program, the Company has repurchased 6,371,044 shares, or 16% of its common shares that were issued in its initial public offering at the end of 2023, at a weighted average price of $19.25. The Company's tangible book value per share was $18.00 as of March 31, 2026.

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