NASDAQ: WSBF Waterstone Financial, Inc. 8-K

Waterstone Financial authorizes repurchase of 2M additional shares, 11.9% of outstanding

Filed April 27, 2026 · Period ending April 27, 2026 · ~1 min read

Key Changes

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Board authorized repurchase of up to 2 million additional shares under existing program, bringing total available authorization to 2,148,285 shares (approximately 11.9% of outstanding common stock as of April 27, 2026).

Item 8.01 — Other Events verify on EDGAR →
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Repurchases may be executed through open-market purchases, block trades, negotiated private transactions, or a Rule 10b5-1 trading plan. The program is discretionary and may be suspended, terminated, or modified at any time.

Exhibit 99.1 view on EDGAR →

Summary

Waterstone Financial's board authorized the repurchase of up to 2 million additional shares under its existing buyback program, bringing total available authorization to 2,148,285 shares—approximately 11.9% of the company's outstanding common stock. The expansion signals management's view that the stock may be undervalued and represents a commitment to return capital to shareholders.

Share repurchases reduce shares outstanding, which can increase earnings per share and support the stock price. The program is discretionary, with execution dependent on market conditions, available funds, and alternative capital uses. Repurchases may occur through open-market purchases, block trades, private transactions, or a Rule 10b5-1 trading plan. Repurchased shares will be treated as authorized but unissued. The size of the authorization—nearly 12% of outstanding shares—is meaningful for a company of Waterstone's scale and provides substantial flexibility for capital deployment over time.