Avidia Bancorp, Inc. filed a Form 8-K on November 3, 2026, disclosing the completion of its previously announced plan to repurchase up to $30 million in value of its outstanding common stock.

Key Highlights

  • Program completed: Avidia Bancorp completed its previously reported share repurchase plan on November 3, 2026.
  • Total program size: The repurchase plan covered up to $30 million in value of outstanding common stock.
  • Shares repurchased: The company repurchased 1,355,565 shares in total under the program.
  • Weighted average price: Shares were repurchased at a weighted average price of $22.10 per share, excluding commissions and excise taxes.
  • Exchange listing: Common stock is listed on the New York Stock Exchange under the symbol NYSE:AVBC.

Avidia Bancorp Closes Out $30 Million Buyback at $22.10 Weighted Average

According to the Form 8-K filed with the U.S. Securities and Exchange Commission on November 3, 2026, Avidia Bancorp, Inc. disclosed that it had completed its previously reported share repurchase program. The filing states that the program authorized the repurchase of up to $30 million in value of the company's outstanding shares of common stock.

The company disclosed that it repurchased a total of 1,355,565 shares under the program at a weighted average price of $22.10 per share. The filing notes that this weighted average price figure excludes commissions and excise taxes. Avidia Bancorp is incorporated in Maryland and headquartered at 42 Main Street, Hudson, Massachusetts 01749. The filing was signed by Jonathan Nelson, Chief Financial Officer, on November 3, 2026.

The company is identified in the filing as an emerging growth company as defined under Rule 405 of the Securities Act of 1933 and Rule 12b-2 of the Securities Exchange Act of 1934, and has not elected to use the extended transition period for complying with new or revised financial accounting standards pursuant to Section 13(a) of the Exchange Act.

What Was Disclosed

Avidia Bancorp reported the completion of a previously announced share repurchase program totaling up to $30 million, covering 1,355,565 shares at a weighted average price of $22.10 per share, excluding commissions and excise taxes, as of November 3, 2026.