other material
confidence high
sentiment positive
materiality 0.35
Rhinebeck Bancorp authorizes repurchase of up to 540,000 shares (5% of outstanding)
Rhinebeck Bancorp, Inc.
- New stock repurchase plan authorizes up to 540,000 shares (~5% of outstanding common stock).
- Repurchases to begin after completion of September 2022 plan (47,506 shares remain).
- Shares may be bought in open market, private transactions, or via 10b5-1 trading plan.