secwatch.observer — SEC 8-K summary
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Issuer:     LCNB CORP (LCNB)
CIK:        0001074902
Form:       8-K
Filed at:   2023-02-27T23:59:59+00:00
Accession:  0001074902-23-000041
Event type: other_material
Sentiment:  positive
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LCNB Corp. authorizes new 500,000-share repurchase program, replacing prior program
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- Board authorized repurchase of up to 500,000 common shares.
- Program replaces prior 500,000-share program approved May 27, 2022.
- Since 2020, LCNB repurchased 1,851,403 shares for ~$34M, reducing shares outstanding by 14.3%.
- Dividend increased 11% to $0.81 per share over same period.
- Repurchases may be via open market or private transactions; program may be suspended anytime.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1074902/000107490223000041/0001074902-23-000041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1074902/000107490223000041/lcnb-20230227.htm
  HTML page:      https://secwatch.observer/filing/0001074902-23-000041

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