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Cape Bancorp announces second stock repurchase

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Cape Bancorp Inc., in the Cape May Court House section of Middle Township, announced today that its board has authorized a second stock repurchase program.

This follows on the completion of its first repurchase earlier this week.

This repurchase authorizes Cape Bancorp to repurchase up to 5 percent, or approximately 633,877 shares, of common shares.

Write to the Editorial Department at editorial@njbiz.com

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