other material
confidence high
sentiment positive
materiality 0.60
CNB Financial authorizes $15M share repurchase program for up to 500,000 shares through May 2025
CNB FINANCIAL CORP/PA
- Board-approved 2024 Common Share Repurchase Plan authorizes up to 500,000 shares or $15M aggregate purchase price.
- Program period runs from June 12, 2024 through May 14, 2025.
- Repurchases may be made in open market or private transactions, subject to market conditions and SEC rules.
- Federal Reserve Bank of Philadelphia acknowledged the plan on June 12, 2024.