Sandy Spring Bancorp Approves Buyback of Up to 5% of Company's Outstanding Common Shares

Sandy Spring Bancorp, Inc., (NASDAQ: SASR ), today announced that the Company's board of directors has approved the repurchase of up to 5% of the Company's outstanding common stock, or approximately 1,260,000 shares. The current repurchase authorization replaces the Company's existing repurchase program, which expires August 31. Repurchases, which will