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CORRECTING and REPLACING CB Financial Services, Inc. Announces Expiration of the $10.0 Million Stock Repurchase Program
Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Neutral)
Tags
buyback
Rhea-AI Summary
CB Financial Services, Inc. announced the expiration of its $10.0 million stock repurchase program. The program commenced on May 2, 2022, and expired on May 1, 2023. During this period, the company purchased 74,656 shares of its common stock at an average price of $22.38 per share.
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WASHINGTON, Pa.--(BUSINESS WIRE)--
Please replace the release with the following corrected version due to multiple revisions.
The updated release reads:
CB FINANCIAL SERVICES, INC. ANNOUNCES EXPIRATION OF THE $10.0 MILLION STOCK REPURCHASE PROGRAM
CB Financial Services, Inc. (the “Company”) (NASDAQ: CBFV), the holding company for Community Bank, announced the $10.0 million stock repurchase program expired on May 1, 2023, that commenced on May 2, 2022. In connection with the program, the Company purchased a total of 74,656 shares of the Company’s common stock at an average price of $22.38 per share.
About CB Financial Services, Inc.
CB Financial Services, Inc. is the bank holding company for Community Bank, a Pennsylvania-chartered commercial bank. Community Bank operates its branch network in southwestern Pennsylvania and West Virginia. Community Bank offers a broad array of retail and commercial lending and deposit services and provides commercial and personal insurance brokerage services through Exchange Underwriters, Inc., its wholly owned subsidiary.
For more information about CB Financial Services, Inc. and Community Bank, visit our website at www.communitybank.tv.
for over 110 years, community bank has been providing outstanding, trusted, personal service to local businesses, homeowners, friends and neighbors. we understand southwestern pennsylvania and proudly consider ourselves experts at “business relationship” banking. we have created the business alliance center to bring you even more value. the business alliance center will be your one-stop source of information, educational seminars and premier networking events to help you build a better business.
