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
Earnings
- 11/1/24 - Miss
FXNC
Sec Filings
- 12/18/24 - Form 4
- 12/17/24 - Form SC
- 12/17/24 - Form 4
- FXNC's page on the SEC website