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0 0 0 0.00957661290322587 0.00957661290322587 0.0113407258064517 0.0105846774193549 -0.000504032258064416
Stock impact report

Penns Woods Bancorp, Inc. Announces Stock Repurchase Program

Penns Woods Bancorp, Inc. (PWOD) 
Company Research Source: GlobeNewswire
WILLIAMSPORT, Pa., May 28, 2024 (GLOBE NEWSWIRE) -- Richard A. Grafmyre, CEO of Penns Woods Bancorp, Inc., (NASDAQ: PWOD) (“Company”) has announced that the Company’s Board of Directors has authorized the repurchase of up to 5% of the outstanding shares of the Company. The repurchase plan is for a one-year period ending May 31, 2025 and allows for the repurchase of up to 376,000 shares. The repurchase plan replaces the existing previously authorized repurchase plan, which expires on May 31, 2024. Repurchases are authorized to be made by the Company from time to time at the prevailing market prices on the open market, in block trades or in privately negotiated transactions as, in management’s opinion, market conditions warrant. The repurchase program does not obligate the Company to purchase any particular number of shares and there can be no assurances as to the number of shares that will be repurchased under the program or the timing of any such repurchases. The program may be sus Show less Read more
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