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Stock impact report

CB Financial Services suspends buyback [Seeking Alpha]

CB Financial Services, Inc. (CBFV) 
US:NASDAQ Investor Relations: communitybank.tv/investor-relations.htm
Company Research Source: Seeking Alpha
Financials CB Financial Services suspends buyback Mar. 19, 2020 9:33 PM ET | CB Financial Services, Inc. (CBFV) Gaurav Batavia Add CB Financial Services (NASDAQ: The company has repurchased 69,966 shares totaling $2M of the $5M authorized for repurchase under the program. Barron P. “Pat” McCune, Jr., President and Chief Executive Officer, said, “Given the evolving economic circumstances surrounding the COVID-19 coronavirus pandemic, our Board of Directors has determined to suspend the stock repurchase program so as to preserve the Company’s excess capital to support Community Bank’s business of providing financial services to its customers and communities.” Source: Press Release Click to subscribe to real-time analytics on CBFV Now read: Impac Mortgage implements remote work plan » Show less Read more
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