Bancorp New Jersey expands repurchase.

SOMERVILLE, N.J. -- Bancorp New Jersey Inc. said its board approved the repurchase of 100,000 additional common shares over the remaining 2 1/2 years of a buyback program.

To date, the company has acquired 481,851 shares of the 500,000 shares originally authorized. The company has 2,685,820 shares outstanding.

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