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SB Financial (SBFG) Rewards Investors With New Buyback Plan

Jun 01, 2021 - Nasdaq

SB Financial Group, Inc. SBFG is rewarding shareholders with an enhanced capital-deployment plan. The company’s board of directors has authorized the repurchase of 750,000 shares, which accounts for nearly 10% of its common shares. The authorization expires on Mar 31, 2022.

Following the announcement last week, shares of SB Financial have declined 1%.

Earlier in June 2019, the company had announced a share-repurchase program to buy back 400,000 common shares. The plan expired on De...