Magyar Bancorp, Inc.
For the period ended Mar 31, 2026. Filed May 13, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 13, 2026
MGYR$21.60-1.2%Stored close · as of Nov 10, 2026
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Unregistered Sales of Equity Securities and Use of Proceeds
| Item 2. | Unregistered Sales of Equity Securities and Use of Proceeds |
| a.) | Not applicable. |
| b.) | Not applicable. |
| c.) | On May 22, 2025 the Company announced the authorization of its fifth stock repurchase program pursuant to which the Company intends to repurchase up to an additional 5% of its outstanding shares, or up to 323,547 shares. The Company’s intended use of the repurchased shares is for general corporate purposes. The timing of the repurchases will depend on certain factors, including but not limited to, market conditions and prices, the Company’s liquidity requirements and alternative uses of capital. The Company repurchased 30,925 shares of its common stock under this plan at March 31, 2026. At March 31, 2026, the Company held 628,722 shares in treasury that were repurchased at an average price of $12.77. |
The following table reports information regarding repurchases of our common stock during the current quarter ended March 31, 2026.
| Total Number of · Remaining Number | ||||
|---|---|---|---|---|
| Total Number | Average | Shares Repurchased | of Shares That May | |
| of Shares | Price Paid | as Part of Publicly | be Purchased Under | |
| Periods | Purchased | Per Share | Announced Programs | the Current Program |
| January 1, 2026 through January 31, 2026 | — | $— | 22,037 | 301,510 |
| February 1, 2026 through February 28, 2026 | 2,587 | $18.00 | 24,624 | 298,923 |
| March 1, 2026 through March 31, 2026 | 6,301 | $17.45 | 30,925 | 292,622 |
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