Washington Trust announces stock buyback program

WASHINGTON TRUST has launched a plan to repurchase up to 850,000 shares of the company’s outstanding common stock over the next year. / PBN FILE PHOTO/SCOTT KINGSLEY
WESTERLY – Washington Trust Bancorp Inc. is seeking to repurchase up to 850,000 shares, or 5%, of the company’s outstanding common stock over the next year. The company, parent of The Washington Trust Co., announced that its board of directors adopted a new stock buyback program that replaces the one that was enacted in 2006.…

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