Franklin Financial Services (Nasdaq: FRAF) authorizes 150,000-share buyback plan

Rhea-AI Filing Summary

Franklin Financial Services Corporation disclosed that its Board of Directors authorized the repurchase of up to 150,000 shares of its $1.00 par value common stock. The shares may be acquired at market prices in open market or privately negotiated transactions.

The authorization applies to purchases made from January 1, 2026 through December 31, 2026, providing a defined period during which the company may buy back its stock.

Insights

Equity capital markets analyst

Franklin Financial Services received Board approval to repurchase up to 150,000 common shares during 2026, adding a new capital allocation tool.

The company reports that its Board of Directors authorized a share repurchase program covering up to 150,000 shares of $1.00 par value common stock. Repurchases may occur at market prices and can be executed either in open market trades or through privately negotiated transactions, giving flexibility in how shares are acquired.

The authorization is time-limited, running from January 1, 2026 through December 31, 2026. Share repurchase programs like this can, when used, reduce the number of shares outstanding and concentrate ownership among remaining shareholders, although the actual effect will depend on how many shares the company ultimately buys within the approved limit and period.

8-K Event Classification

2 items: 8.01, 9.01

2 items

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Understanding 8-K Material Events →

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United States

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

The Securities Exchange Act of 1934

Date of Report: December 12, 2025

FRANKLIN FINANCIAL SERVICES CORPORATION

(Exact name of registrant as specified in its new charter)

	Pennsylvania	001-38884	25-1440803
	(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

	1500 Nitterhouse Drive, Chambersburg, PA	17201
	(Address of principal executive office)	(Zip Code)
	Registrant's telephone number, including area code	(717) 264-6116

N/A

(Former name or former address, if changes since last report)

Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨   Soliciting material pursuant to Rule 14a –12 under the Exchange Act (17 CFR 240.14a –12)

¨   Pre-commencement communications pursuant to Rule 14d – 2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨   Pre-commencement communications pursuant to Rule 13e – 4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:



Title of class	Symbol	Name of exchange on which registered
Common stock	FRAF	Nasdaq Capital Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company  ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ¨

‎

Item 8.01 – Other Events

On December 11, 2025, the Board of Directors authorized the repurchase of up to 150,000 shares of the Corporation’s $1.00 par value common stock at market prices in open market or privately negotiated transactions beginning January 1, 2026 and continuing through December 31, 2026.

Item 9.01 Financial Statements and Exhibits

(c) Exhibits. The following exhibits are filed herewith:

Number Description  

104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

FRANKLIN FINANCIAL SERVICES CORPORATION

By: /s/ Craig W. Best

Craig W. Best

President and Chief Executive Officer

Dated: December 12, 2025

FAQ

What share repurchase program did Franklin Financial Services (FRAF) approve?

Franklin Financial Services Corporation’s Board of Directors authorized the repurchase of up to 150,000 shares of the company’s $1.00 par value common stock.

When will the Franklin Financial Services (FRAF) stock repurchase program run?

The share repurchase authorization applies to transactions conducted from January 1, 2026 through December 31, 2026.

How many Franklin Financial Services (FRAF) shares may be bought back under the authorization?

The Board approved the potential repurchase of up to 150,000 common shares.

What type of Franklin Financial Services stock is covered by the repurchase authorization?

The program covers the company’s $1.00 par value common stock.

At what prices and in what types of transactions can FRAF shares be repurchased?

The company may repurchase shares at market prices in open market or privately negotiated transactions.

Who approved the Franklin Financial Services (FRAF) share repurchase program?

The repurchase of up to 150,000 common shares was authorized by the company’s Board of Directors on December 11, 2025.