PEOPLES FINANCIAL CORPORATION REPORTS RESULTS FOR THE FIRST QUARTER OF 2024 AND ANNOUNCES NEW STOCK REPURCHASE PROGRAM [Yahoo! Finance]
PEOPLES FINCL CORP MISS (PFBX)
US:NASDAQ Investor Relations:
peoples.com/peoples/footer/about-people's-united/investor-relations
Company Research
Source: Yahoo! Finance
Bank (the "Bank"), announced earnings for the first quarter ending March 31 , 2024. Additionally, the board of directors of Peoples Financial Corporation announced its approval to repurchase the Company's outstanding and issued common stock up to a limit that is the lesser of in aggregate repurchase price or approximately 64,000 in shares, effective following the announcement. Shares will be repurchased at the discretion of management either on the open market or through privately negotiated transactions, and repurchased shares will be retired. As of March 31, 2024 , the Company reported common shares outstanding of 4,661,686. The timing of the planned repurchases will depend on market conditions and other requirements. The share repurchase program does not obligate the Company to repurchase any dollar amount or number of shares, and the program may be extended, modified, suspended or discontinued at any time. Earnings Net income for the first quarter of 2024 was compared to net i
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