---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-130241"
form_type: "8-K"
ticker: "CBU"
cik: "0000723188"
company_name: "COMMUNITY FINANCIAL SYSTEM, INC."
filed_at: "2024-12-19T23:59:59+00:00"
generated_at: "2026-05-29T01:51:19.807068+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Community Financial System approves new stock repurchase program of up to 2,628,000 shares for 2025

## Summary
- Board authorized repurchase of up to 2,628,000 shares during the twelve-month period starting January 1, 2025.
- New program replaces existing program expiring December 31, 2024; year-to-date repurchases under old program totaled 1,000,000 shares.
- Repurchases at management's discretion via open market or private transactions, subject to regulatory approval.

## SEC filing metadata
- accession: 0001104659-24-130241
- form_type: 8-K
- ticker: CBU
- cik: 0000723188
- company_name: COMMUNITY FINANCIAL SYSTEM, INC.
- filed_at: 2024-12-19T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/723188/000110465924130241/0001104659-24-130241-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/723188/000110465924130241/tm2431485d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-130241
- JSON: https://secwatch.observer/filing/0001104659-24-130241.json
- Plain text: https://secwatch.observer/filing/0001104659-24-130241.txt

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