In Brief: N.Y. Thrift Expanding Its Stock Buyback Plan

Roslyn Bancorp, the holding company for Roslyn Savings Bank, expanded its stock repurchase program Tuesday.

Roslyn plans to repurchase 2.1 million shares or 5% of its outstanding common stock during the next 12 months. Since March 31, Roslyn has bought back 820,000 shares under its first share repurchase program.

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