Item 8.01Other Events

On May 5, 2023, William Penn Bancorporation (the "Company") issued a press release announcing that the Company's Board of Directors has authorized a new stock repurchase program to acquire up to 1,281,019 shares, or approximately 10.0%, of the Company's currently issued and outstanding common stock, commencing upon the completion of the Company's existing stock repurchase program. The new stock repurchase program was adopted following the Company's consultation with the Federal Reserve Bank of Philadelphia. For more information, reference is made to the Company's press release dated May 5, 2023, a copy of which is attached hereto as Exhibit 99.1.

Item 9.01 Financial Statements and Other Exhibits



(d)    Exhibits

Number             Description

99.1                 Press Release dated May 5, 2023
                   Cover Page Interactive Data File (embedded within the Inline
104                XBRL document)

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