Berkshire Hills Bancorp, Inc. (NYSE: BHLB) announced a new stock buyback program Tuesday.
The board of directors at the Pittsfield, Mass.–based company, parent of Berkshire Bank, approved the repurchase of up to 500,000 shares, or about 2 percent of its outstanding common stock. The company also said it finished buying back shares under its previous program, which had about 98,000 shares available for repurchase as of the end of 2012.
The bank has about $5.3 billion in assets and 75 branches in Massachusetts, New York, Connecticut, and Vermont. Berkshire first entered the Central New York market in 2011 with its acquisition of Rome Savings Bank and it also acquired DeWitt–based Beacon Federal in October.
(Sponsored)
Final Regulations for the Advanced Manufacturing Production Credit
The IRS recently issued final regulations for the Section 45X Advanced Manufacturing Production Credit, clarifying and expanding key provisions from the proposed regulations released in late 2023. These updates are
New Sexual Harassment Policy and Training Requirements. Does Your Policy Comply?
New York State requires all employers to provide annual sexual harassment prevention training and a harassment policy to its employees. This requirement applies to all employees, including hourly and salaried,
Contact Tampone at ktampone@cnybj.com
