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Andover, Ohio - Stephen E. Varckette, President of Andover Bancorp, Inc., of Andover, Ohio, the holding company of Andover Bank, announced that the company paid on July 1, 2022 a dividend of $0.37 per share of common stock for the first half of 2022.
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Stock Repurchase Program Details Announced.
Stephen E. Varckette, President of Andover Bancorp, Inc., the holding company of Andover Bank, announced that on January 3, 2022, the company paid a dividend of $0.37 per share for the second half of 2021.
Andover Bancorp, Inc. (OTCPK:ANDC) (the “Company”), the parent holding company of The Andover Bank (the “Bank”), today announced that its board of directors approved a stock buyback plan under which the Ohio-based company may spend up to $3 million to repurchase shares of its common stock.
Andover Bancorp, Inc. (the “Company”), the parent holding company of The Andover Bank (the “Bank”), today announced the completion of a private placement of $10.0 million aggregate principal amount of its 3.625% Fixed-to-Floating Rate Subordinated Notes due December 1, 2031 (the “Notes”) to various qualified institutional buyers and accredited investors (the “Offering”).