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Marathon Bancorp adopts program to buyback 5% stock (OTCMKTS:MBBC)

  • Marathon Bancorp (OTCPK:MBBC), the holding company for Marathon Bank, has adopted a stock repurchase program for up to ~5% of its stock, or 107,875 shares.
  • This is the company’s second stock repurchase program since completing its mutual holding company reorganization and related stock offering in April 2021.
  • Repurchases are expected to commence after the company releases results for the period ended December 31, 2023.
  • The company is not obligated to repurchase any particular number of shares or any shares in any specific time period.

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