RBKB - Rhinebeck Bancorp announces share repurchase program

• Rhinebeck Bancorp ( NASDAQ: RBKB ), the holding company for Rhinebeck Bank, has adopted a program to repurchase up to 247,506 shares of its common stock, which is ~5% of its outstanding common stock.
• Repurchases are expected to commence after the Company publicly releases its results of operations for the period ended Sept. 30, 2022 and has no expiration date.
• Shares may be repurchased in open market or private transactions or pursuant to any trading plan.
• This is the Company's first stock repurchase program since completing its mutual holding company reorganization and related stock offering in January 2019.

For further details see: