Penns Woods Bancorp, Inc. CEO announced a stock repurchase plan for up to 5% of outstanding shares.

From GlobeNewswire: 2024-05-28 11:26:00

Penns Woods Bancorp, Inc. CEO Richard A. Grafmyre announced a repurchase plan for up to 5% of outstanding shares, totaling 376,000 shares, from May 31, 2024, to May 31, 2025. The buyback may occur through open market purchases, block trades, or negotiated transactions based on market conditions. The Company is the parent of Jersey Shore State Bank and Luzerne Bank, with a subsidiary offering insurance products. Forward-looking statements are cautioned, with factors like regulatory changes, competitive landscape, interest rates, health emergencies, and economic downturns potentially impacting results. More information is available on the Company’s website.



Read more at GlobeNewswire: Penns Woods Bancorp, Inc. Announces Stock Repurchase