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OLNEY, Md., Dec. 17, 2020 (GLOBE NEWSWIRE) — Sandy Spring Bancorp, Inc., (Nasdaq- SASR), the parent company of Sandy Spring Bank, today announced that the Company’s board of directors has authorized the repurchase of up to 2,350,000 shares of the Company’s common stock, or approximately 5% of currently outstanding shares. Repurchases, which will be conducted through open market purchases or privately negotiated transactions, will be made from time to time depending on market conditions and other factors.