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Stock impact report

City Holding Board Authorizes Buyback of Up to 1M Shrs [MarketWatch]

City Holding Company (CHCO) 
Last city holding company earnings: 4/28 07:30 am Check Earnings Report
Company Research Source: MarketWatch
The new plan replaces the previous share repurchase plan, which was approved in May of 2022. Advertisement Charles R. Hageboeck, president and chief executive officer, said "As of January 31, 2024, the Company was very well capitalized and capital continues to grow due to our exceptional earnings. As a result, we view this repurchase plan as part of an ongoing strategy to build value for our stockholders while maintaining appropriate capital levels." City Holding, the parent company of City National Bank of West Virginia, has a market capitalization of $1.6 billion, 15.01 million shares outstanding and a public float of 14.47 million. Write to Stephen Nakrosis at stephen.nakrosis@wsj.com Show less Read more
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