PFS Bancorp, Inc. Authorizes Additional Stock Repurchases

Rhea-AI Impact

(Low)

Rhea-AI Sentiment

(Neutral)

Tags

buybacks

12/03/2025 - 04:05 PM

PERU, Ill.--(BUSINESS WIRE)-- PFS Bancorp, Inc. (the “Company”) (OTCQB: PFSB), the holding company for Peru Federal Savings Bank, announced today it has authorized additional repurchases for up to 155,693 shares of Company common stock. This new authorization is in addition to the initial repurchase program for up to 172,500 shares authorized in December 2024, which is still ongoing. The shares authorized under the new authorization represent approximately 10% of the shares that would be outstanding assuming completion of the initial repurchase program.

The Company intends to conduct the repurchases on the open market, including by means of a trading plan adopted under SEC Rule 10b5-1, subject to market conditions and other factors. There is no guarantee as to the number of shares that the Company may ultimately repurchase. The Company may suspend or discontinue repurchases at any time.

About Peru Federal Savings Bank

Originally chartered in 1887, Peru Federal Savings Bank is a federally-chartered stock savings bank that conducts its business from its main office and a branch office, both located in Peru, IL.

Forward-Looking Statements

This press release contains certain forward-looking statements about the stock repurchase program. Forward-looking statements include statements regarding anticipated future events and can be identified by the fact that they do not relate strictly to historical or current facts. They often include words such as “believe,” “expect,” “anticipate,” “estimate,” and “intend” or future or conditional verbs such as “will,” “would,” “should,” “could,” or “may.” Forward-looking statements, by their nature, are subject to risks and uncertainties. Certain factors that could cause actual results to differ materially from expected results include the Company’s inability to execute stock repurchases due to stock market conditions or otherwise.