Auburn National authorizes $5M stock repurchase program

AUBURN NATIONAL BANCORPORATION, INC

Board approved new stock repurchase program for up to $5 million of common stock.
Program replaces prior program that expired April 15, 2024; runs through March 15, 2027.
Repurchases may be executed via open-market, private, block, or negotiated transactions.
Company not obligated to buy any shares; can suspend or terminate at any time.
Repurchase timing depends on liquidity, stock price vs. intrinsic value, and regulatory factors.

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