CB Financial Services, Inc. Authorizes New Stock Repurchase Program of up to $7.5 Million

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Jun 10, 2021

CB Financial Services, Inc. (the “Company”) (NASDAQ: CBFV), the holding company for Community Bank, announced today that its Board of Directors has authorized a program to repurchase up to $7.5 million of the Company’s outstanding common stock, which would represent total shares of 339,673, or approximately 6.3% of the outstanding shares based on the Company’s closing stock price on June 9, 2021 if all eligible shares are repurchased. The program is effective as of June 14, 2021 and authorized through June 13, 2022.