BuybackJun 10, 2026, 04:12 PM
CNB Financial Authorizes New $15M Share Repurchase Program
AI Summary
CNB Financial Corporation announced that its Board of Directors approved a new common share repurchase program. The program authorizes the repurchase of up to 500,000 shares of common stock, with an aggregate purchase price not exceeding $15,000,000. This program will run from June 10, 2026, to June 10, 2027, following the expiration of the previous 2025 program.
Key Highlights
- CNB Financial Corporation's Board approved the 2026 Common Share Repurchase Program on May 12, 2026.
- The program authorizes the repurchase of up to 500,000 shares of common stock.
- The aggregate purchase price for repurchased shares will not exceed $15,000,000.
- Repurchases are authorized from June 10, 2026, through June 10, 2027.
- The new program commences upon the expiration of the 2025 Common Share Repurchase Program.
Price Impact
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