Arrow Financial declares $0.27 dividend, expands buyback by $5M, resumes DRIP

ARROW FINANCIAL CORP

Quarterly cash dividend of $0.27 per share, payable Dec 15, 2023 to holders of record Dec 1, 2023.
Dividend Reinvestment Plan (DRIP) resumes; previously enrolled shareholders automatically re-enrolled.
Stock repurchase program expanded by $5M, total authorization now $9.1M; expiration date removed.
Company expects to resume share repurchases in coming months.

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