02:15 PM EDT, 10/24/2025 (MT Newswires) -- Eastern Bankshares ( EBC ) said late Thursday that its board has authorized a new stock buyback program of up to 11.9 million shares, or 5% of its outstanding shares, over a 12-month period.

The company also kept its quarterly dividend at $0.13 per share, payable on Dec. 15 to shareholders of record Dec. 3.

Shares were over 4% lower in recent Friday trading.

Price: 17.59, Change: -0.77, Percent Change: -4.22