OceanFirst Financial Corp. authorizes a 2025 Stock Repurchase Program to buy back up to 3 million shares, roughly 5% of outstanding common stock. CEO Christopher D. Maher sees OceanFirst shares as a strong investment opportunity and aims to balance capital deployment for growth, strategic initiatives, and shareholder returns. The Board’s decision is in addition to the existing 2021 Stock Repurchase Program. Factors influencing the Company’s operations include interest rates, economic conditions, competition, and cybersecurity threats. OceanFirst Financial Corp. encourages investors to consider these risks when evaluating its forward-looking statements.

Read more at GlobeNewswire: OceanFirst Financial Corp. Announces 2025 Stock Repurchase