Key Summary: On October 8, 2021, Joseph Stilwell (9.91%) expressed concern that the company’s asset value was undervalued in the market. On October 23, 2024, Stilwell (6.7%) supported the company's sale to ESL Federal Credit Union after members of the Group sold shares, and previously indicated intentions to propose a shareholder resolution or nominate a director for the 2025 annual meeting.
M.Cap: $33 million | Generations Bancorp NY, Inc. operates as a holding company for Generations Bank that provides various banking products and services. .
On October 8, 2021, Joseph Stilwell (9.91%) stated his belief that the value of the company’s assets is not adequately reflected in the current market price of the company’s Common Stock.
On October 23, 2024, Joseph Stilwell (6.7%) reported that following the company’s announcement of its sale to ESL Federal Credit Union, members of the Group have sold shares of the company's Common Stock. Stilwell expressed support for the transaction, believing it serves the best interests of all shareholders. Earlier, on May 22, 2024, they indicated intentions to propose a shareholder resolution for the company’s sale or nominate a director for the 2025 annual meeting, which was followed by the company's sale announcement on September 24, 2024. Source
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