secwatch.observer — SEC 8-K summary
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Issuer:     ARROW FINANCIAL CORP (AROW)
CIK:        0000717538
Form:       8-K
Filed at:   2023-10-26T23:59:59+00:00
Accession:  0000717538-23-000218
Event type: dividend
Sentiment:  positive
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/717538/000071753823000218/0000717538-23-000218-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/717538/000071753823000218/arow-20231025.htm
  HTML page:      https://secwatch.observer/filing/0000717538-23-000218

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