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Malvern Bancorp authorizes share repurchase plan

Paoli, Pa.-based Malvern Bancorp Inc.'s board authorized a plan to repurchase up to 194,516 common shares through March 31, 2020.

The amount of shares that can be repurchased represents 2.5% of Malvern Bancorp's total outstanding common shares.

Malvern Bancorp is the parent company of Malvern Bank NA.