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FMNB - Farmers National Banc launches 1M shares in stock repurchase program
Farmers National Banc Corp.
Farmers National Banc ( NASDAQ: FMNB ) board approved a share repurchase program wherein it is authorized to repurchase up to 1M shares.
From the earlier program (up to 1.5M shares), 198,336 shares remain available for repurchase as of Feb.28, 2023.
YTD, the company has repurchased ~$5M of stock; since 2018, the company paid out when the company paid $0.38/share in annual dividends and its annual dividend per share has grown to an annualized amount of $0.68.