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Two River Bancorp board authorizes $2M buyback plan

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Two River Bancorp board authorizes $2M buyback plan

The board of Tinton Falls, N.J.-based Two River Bancorp authorized a buyback plan of up to $2.0 million of the company's common shares from Jan. 1, 2018, to Dec. 31, 2018.

Repurchases may be made from time to time in open market or in privately negotiated transactions. The repurchased common shares will be held as treasury shares and may be reissued under the company's 2007 equity incentive plan or for other corporate purposes.