---
schema_version: "secwatch.filing_event.v1"
accession: "0000739421-26-000013"
form_type: "8-K"
ticker: "CZFS"
cik: "0000739421"
company_name: "CITIZENS FINANCIAL SERVICES INC"
filed_at: "2026-02-18T23:59:59+00:00"
generated_at: "2026-05-16T02:14:07.047389+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Citizens Financial Services authorizes repurchase of up to 200,000 shares for $15M

## Summary
- Repurchase program covers up to 200,000 shares at max $15M aggregate price over April 22, 2026 – April 22, 2029.
- Repurchases may occur via open market, private transactions, or block trades under Rule 10b-18.
- CEO Randall Black cited confidence in future and commitment to shareholder value and liquidity.
- Program does not obligate any specific number of shares; can be modified or discontinued at any time.
- Funding will come from cash on hand; timing depends on market conditions and price.

## SEC filing metadata
- accession: 0000739421-26-000013
- form_type: 8-K
- ticker: CZFS
- cik: 0000739421
- company_name: CITIZENS FINANCIAL SERVICES INC
- filed_at: 2026-02-18T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/739421/000073942126000013/0000739421-26-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/739421/000073942126000013/april2026buyback.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000739421-26-000013
- JSON: https://secwatch.observer/filing/0000739421-26-000013.json
- Plain text: https://secwatch.observer/filing/0000739421-26-000013.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.