secwatch.observer — SEC 8-K summary
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Issuer:     UNION BANKSHARES INC (UNB)
CIK:        0000706863
Form:       8-K
Filed at:   2024-12-18T23:59:59+00:00
Accession:  0000706863-24-000083
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Union Bankshares reauthorizes quarterly stock repurchase program for up to 2,500 shares/quarter through Dec 2026
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- Board reauthorized limited quarterly stock repurchase program on Dec 18, 2024, for up to 2,500 shares per quarter.
- Program extended from 12 to 24 months; now expires December 31, 2026.
- Shares may be bought in open market or private transactions; unused authorization does not carry forward.
- Program originally authorized in May 2010 and has been reauthorized annually each year since 2012.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/706863/000070686324000083/0000706863-24-000083-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/706863/000070686324000083/unb-20241218.htm
  HTML page:      https://secwatch.observer/filing/0000706863-24-000083

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer