other_material
confidence high
sentiment positive
materiality 0.55
MVB Financial authorizes $10M stock repurchase program; buys start May 2025
MVB FINANCIAL CORP
- Board authorized repurchase of up to $10M of MVBF common stock; program begins May 2025 and expires when $10M spent or terminated.
- Purchases may be executed via open-market, block, or privately negotiated transactions per SEC rules.
- Timing and number of shares depend on price, volume, market conditions, and regulatory requirements.
- CEO Larry F. Mazza cited strong capital position as enabling the buyback and strengthening shareholder value.
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