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Sandy Spring Bancorp to buy back 1.8 million common shares

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Sandy Spring Bancorp to buy back 1.8 million common shares

The board of Olney, Md.-based Sandy Spring Bancorp Inc. authorized the repurchase of up to 1.8 million shares of the company's common stock, or about 5% of the company's outstanding common shares.

Repurchases will be conducted from time to time through the open market or privately negotiated transactions.