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    TrustCo Bank Corp NY filed SEC Form 8-K: Other Events, Financial Statements and Exhibits

    3/18/25 4:00:44 PM ET
    $TRST
    Major Banks
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    Get the next $TRST alert in real time by email
    false0000357301NYNY00003573012025-03-182025-03-18

    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C.  20549

    FORM 8-K

    CURRENT REPORT PURSUANT
    TO SECTION 13 OR 15(D) OF THE
    SECURITIES EXCHANGE ACT OF 1934

    Date of Report (date of earliest event reported):  March 18, 2025

    TrustCo Bank Corp NY
    (Exact name of registrant as specified in its charter)

    NEW YORK
    0-10592
    14-1630287
    (State or Other Jurisdiction of Incorporation or Organization)
    (Commission File No.)
    (IRS Employer Identification No.)

    5 SARNOWSKI DRIVE, GLENVILLE, NEW YORK 12302
    (Address of principal executive offices)

    (518) 377-3311
    (Registrant’s telephone number,
    including area code)

    NOT APPLICABLE
    (Former name or former address, if changed since last report)

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

    ☐
    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

    ☐
    Soliciting material pursuant to Rule 14a-12 under the Exchange Act  (17 CFR 240.14a-12)

    ☐
    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act  (17 CFR 240.14d-2(b))

    ☐
    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

    Securities registered pursuant to Section 12(b) of the Act:

     
    Title of each class
     
    Trading Symbol(s)
     
    Name of each exchange on which registered
     
    Common Stock, $1.00 par value
     
    TRST
     
    Nasdaq Global Select Market

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

    Emerging growth company ☐

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐



    TrustCo Bank Corp NY

    Item 8.01.
    Other Events

    On March 18, 2025 TrustCo Bank Corp NY (the “Company”) announced that its Board of Directors authorized a stock repurchase program.  Under the stock repurchase program, the Company may repurchase up to 1,000,000 shares, or approximately 5% of its currently outstanding common stock.

    A copy of the press release dated March 18, 2025, announcing the stock repurchase program is attached as Exhibit 99.1 to this report and is incorporated herein by reference.

    Item 9.01.
    Financial Statements and Exhibits

      (d)
    Exhibits

     
    Reg S-K Exhibit No.
    Description
         
     
    99.1
    Press release dated March 18, 2025
     
    104
    Cover Page Interactive Data File – the cover page XBRL tags are embedded within the Inline XBRL document


    SIGNATURES

    Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

    Dated:  March 18, 2025
     
       
     
    TRUSTCO BANK CORP NY
     
    (Registrant)
       
     
    By:
    /s/ Michael M.  Ozimek
     
       
    Michael M.  Ozimek
       
    Executive Vice President and
       
    Chief Financial Officer



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