secwatch.observer — SEC 8-K summary
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Issuer:     COMMUNITY FINANCIAL SYSTEM, INC. (CBU)
CIK:        0000723188
Form:       8-K
Filed at:   2024-12-19T23:59:59+00:00
Accession:  0001104659-24-130241
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/723188/000110465924130241/0001104659-24-130241-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/723188/000110465924130241/tm2431485d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-130241

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