Norwood Financial announced on Friday that its board approved a new stock repurchase program for up to 550,000 shares, representing about 5% of shares outstanding. The new authorization replaces the company's previous 2021 repurchase program. The company may buy shares through open-market or private transactions, including block trades and Rule 10b5-1 plans. Repurchases will depend on market conditions and capital needs and can be modified or terminated at any time.
Norwood Financial CorpBoard approved new buyback of up to 550K shares (~5% of shares outstanding).
