other material
confidence high
sentiment positive
materiality 0.65
Citizens & Northern Corp authorizes new buyback of up to 750,000 shares (~5% outstanding)
CITIZENS & NORTHERN CORP
- Board approved repurchase of up to 750,000 shares, or ~5% of outstanding as of Aug 4, 2023.
- Prior program completed repurchase of 1,000,000 shares at avg $23.09/share for total $23.086M.
- New program effective immediately and continues indefinitely until suspended or terminated.
- Repurchased shares will be held as treasury for dividend reinvestment and equity compensation plans.