# Avidia Bancorp, Inc. (AVBC) — capital_return/buyback_authorization [announced]
Source: SEC API (secapi.ai) · situation sit_a9b4c371981eaccee110 · retrieved 2026-08-12T06:58:34.797Z

## Overview
Avidia Bancorp, Inc. is a savings institution providing banking services; it is incorporated in Maryland and trades on the New York Stock Exchange under the ticker AVBC.

Avidia Bancorp's Board of Directors authorized a stock buyback plan effective August 4, 2026, permitting the company to repurchase up to $30 million in value of its common stock. Repurchases may be executed on the open market, through privately negotiated transactions, or via Rule 10b5-1 trading plans. The buyback plan is scheduled to expire on July 31, 2027 and may be modified, suspended, or discontinued at any time without prior notice.

## Terms
- Deal value: $30.0M · Consideration: cash

## Key dates
- Announced 2026-08-04 · Expiry 2027-07-31

## Timeline
- 2026-08-04 · 8-K (0001193125-26-333001): 8-K - Avidia Bancorp, Inc. — *Avidia Bancorp, Inc. is a savings institution providing banking services; it is incorporated in Maryland and trades on the New York Stock Exchange under the ticker AVBC.* Avidia Bancorp's Board of Directors authorized a stock buyback plan effective August 4, 2026, permitting the company to repurchase up to $30 million in value of its common stock. Repurchases may be executed on the open market, through privately negotiated transactions, or via Rule 10b5-1 trading plans. The buyback plan is scheduled to expire on July 31, 2027 and may be modified, suspended, or discontinued at any time without prior notice.
  https://www.sec.gov/Archives/edgar/data/2058758/0001193125-26-333001.txt

## Citations
- 0001193125-26-333001 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526333001