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Provident Financial announces 3M share repurchase program

Provident Financial Services announced that its board authorized the company's eighth stock repurchase program to commence upon completion of the existing stock repurchase authorization. Under the new authorization, the company may repurchase up to 5% of the amount of shares of common stock currently outstanding, or approximately 3M shares. Approximately 1.1M shares remain eligible for repurchase under the company's existing authorization.