Commercial National Financial Corporation Announces Share Repurchase Program & Quarterly Dividend
Commercial National Financial Corporation (CEFC) has announced two significant shareholder-focused initiatives. The Board of Directors has approved a $1 million share repurchase program with indefinite authorization, allowing the company to repurchase shares at its discretion based on factors including share price and market conditions. Additionally, CEFC declared a quarterly cash dividend of $0.14 per share, payable on July 1, 2025, to shareholders of record on June 13, 2025. Based on the recent closing price of $10.45 per share, this represents an annualized dividend yield of 5.36%.
Commercial National Financial Corporation (CEFC) ha annunciato due importanti iniziative rivolte agli azionisti. Il Consiglio di Amministrazione ha approvato un programma di riacquisto di azioni da 1 milione di dollari con autorizzazione a tempo indeterminato, che permette all'azienda di riacquistare azioni a sua discrezione, valutando fattori come il prezzo delle azioni e le condizioni di mercato. Inoltre, CEFC ha dichiarato un dividendo trimestrale in contanti di 0,14 dollari per azione, pagabile il 1° luglio 2025 agli azionisti registrati al 13 giugno 2025. Basandosi sull'ultimo prezzo di chiusura di 10,45 dollari per azione, ciò corrisponde a un rendimento annuo del dividendo del 5,36%.
Commercial National Financial Corporation (CEFC) ha anunciado dos iniciativas importantes enfocadas en los accionistas. La Junta Directiva aprobó un programa de recompra de acciones por 1 millón de dólares con autorización indefinida, permitiendo a la empresa recomprar acciones a su discreción considerando factores como el precio de las acciones y las condiciones del mercado. Además, CEFC declaró un dividendo trimestral en efectivo de 0,14 dólares por acción, pagadero el 1 de julio de 2025 a los accionistas registrados al 13 de junio de 2025. Basado en el precio de cierre reciente de 10,45 dólares por acción, esto representa un rendimiento anualizado del dividendo del 5,36%.
Commercial National Financial Corporation (CEFC)는 주주 중심의 두 가지 중요한 조치를 발표했습니다. 이사회는 100만 달러 규모의 주식 재매입 프로그램을 무기한 승인했으며, 주가 및 시장 상황 등 다양한 요소를 고려하여 회사가 자율적으로 주식을 재매입할 수 있도록 했습니다. 또한 CEFC는 주당 0.14달러의 분기별 현금 배당금을 선언했으며, 2025년 7월 1일에 2025년 6월 13일 기준 주주에게 지급될 예정입니다. 최근 종가인 주당 10.45달러를 기준으로 할 때, 이는 연 환산 배당 수익률 5.36%에 해당합니다.
Commercial National Financial Corporation (CEFC) a annoncé deux initiatives majeures axées sur les actionnaires. Le conseil d'administration a approuvé un programme de rachat d'actions de 1 million de dollars avec une autorisation indéfinie, permettant à la société de racheter des actions à sa discrétion en fonction de facteurs tels que le cours de l'action et les conditions du marché. De plus, CEFC a déclaré un dividende trimestriel en espèces de 0,14 $ par action, payable le 1er juillet 2025 aux actionnaires inscrits au 13 juin 2025. Sur la base du dernier cours de clôture de 10,45 $ par action, cela représente un rendement annuel du dividende de 5,36 %.
Commercial National Financial Corporation (CEFC) hat zwei bedeutende, auf Aktionäre ausgerichtete Maßnahmen angekündigt. Der Vorstand hat ein Aktienrückkaufprogramm in Höhe von 1 Million US-Dollar mit unbefristeter Genehmigung verabschiedet, das es dem Unternehmen ermöglicht, Aktien nach eigenem Ermessen unter Berücksichtigung von Faktoren wie Aktienkurs und Marktbedingungen zurückzukaufen. Zudem hat CEFC eine vierteljährliche Bardividende von 0,14 US-Dollar je Aktie angekündigt, die am 1. Juli 2025 an die am 13. Juni 2025 eingetragenen Aktionäre ausgezahlt wird. Basierend auf dem jüngsten Schlusskurs von 10,45 US-Dollar je Aktie entspricht dies einer annualisierten Dividendenrendite von 5,36%.
- Board approved $1 million share repurchase program
- Quarterly dividend of $0.14 per share maintains attractive 5.36% annualized yield
- Indefinite authorization provides flexibility for buyback execution
- None.
Share Repurchase Program
ITHACA, Mich., May 22, 2025 (GLOBE NEWSWIRE) -- Commercial National Financial Corporation (Pink Sheets: CEFC) announced today that their Board of Directors had approved a resolution to establish a share repurchase program. The resolution authorized the repurchase of up to AN AGGREGATE purchase amount of
The authorization remains in effect indefinitely. CEFC may repurchase shares under the program at its discretion, taking into account factors such as the share price, market conditions, share availability, and other relevant considerations. There is no guarantee that any specific number of shares will be repurchased, and CEFC may modify, renew, suspend, or terminate the program at any time without prior notice.
For further information, please contact our primary market maker:
Nick Bicking at D.A. Davidson & Co.
Office: (614) 710-7060
Cell: (614) 638-4584
Quarterly Dividend
Commercial National Financial Corporation announced that their Board of Directors declared a regular quarterly cash dividend of 14 cents per share. The dividend is payable July 1, 2025 to shareholders of record on June 13, 2025. Based on a recent closing price of
About CEFC
Commercial National Financial Corporation (Pink Sheets: CEFC) is the holding company of Commercial Bank, a state-chartered community bank headquartered in Ithaca, Michigan. Commercial Bank was established in 1893 and has been dedicated to meeting the banking needs of the communities it serves for over 130 years. The Bank has locations throughout five Michigan counties: Gratiot, Ingham, Montcalm, Barry, and Ottawa.
Visit https://www.commercial-bank.com/about-us/investor-information.html to view the latest news releases and other information about CEFC.
FAQ
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