Norwood Financial adopts stock buyback program for up to 550,000 shares
NWFL•Norwood Financial adopts new repurchase authorization
Norwood Financial adopted a new stock repurchase program, replacing a 2021 authorization.
The program allows buybacks of up to 550,000 common shares, or about 5% of shares outstanding. Repurchases may occur in the open market or in private transactions, including block trades or Rule 10b5-1 plans.
Timing, pricing and volume remain at management’s discretion, subject to market conditions, capital needs and performance. The authorization can be suspended, modified or terminated at any time.
