other material
confidence high
sentiment neutral
materiality 0.50
LCNB board authorizes repurchase of up to 500,000 common shares
LCNB CORP
- New plan authorizes buyback of up to 500,000 shares; expires December 31, 2022.
- Replaces prior repurchase plan adopted January 2021.
- Independent broker appointed; trades will comply with Rule 10b5-1 and Rule 10b-18.
- Plan allows repurchases during blackout periods when company otherwise restricted.
- No price or timing specifics disclosed; purchases subject to market conditions.