First National Corporation Announces $5 Million Stock Repurchase Plan
First National Corporation (FXNC)
NASDAQ:AMEX Investor Relations:
ir.fbvirginia.com
Company Research
Source: GlobeNewswire
STRASBURG, Va., Dec. 02, 2019 (GLOBE NEWSWIRE) -- First National Corporation (the “Company” or “First National”) (NASDAQ:FXNC), the parent company for First Bank, today announced that its board of directors has authorized a stock repurchase plan pursuant to which First National may repurchase up to $5 million of the Company’s outstanding common stock. First National intends to purchase shares periodically through privately negotiated transactions or in the open market in accordance with Securities and Exchange Commission rules. The Company’s board of directors authorized the purchase plan to run through December 31, 2020, unless the entire amount authorized to be repurchased has been acquired before that date. First National intends to fund the repurchase plan with a combination of cash on hand and cash generated from ongoing operations. There is no guarantee as to the exact number of, or value of, shares that will be repurchased by First National, and First National may disconti
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FXNC
News
- This 6.3% Dividend Stock Pays Cash Every Month [Yahoo! Finance Canada]Yahoo! Finance Canada
- Touchstone Bankshares, Inc. Declares Pro Rata Annual Cash Dividend in Anticipation of the Proposed Merger with First National CorporationPR Newswire
- FIRST NATIONAL FINANCIAL CORPORATION ANNOUNCES SEPTEMBER DIVIDEND INFORMATION [Yahoo! Finance]Yahoo! Finance
- Canada Revenue Agency: 3 Essential Tax Breaks Canadians Shouldn't Overlook [Yahoo! Finance Canada]Yahoo! Finance Canada
- First National Corporation and Touchstone Bankshares, Inc. Announce Receipt of Shareholders Approvals for MergerGlobeNewswire
FXNC
Earnings
- 7/31/24 - Beat
FXNC
Sec Filings
- 9/16/24 - Form 8-K
- 9/3/24 - Form 425
- 9/3/24 - Form 8-K
- FXNC's page on the SEC website