American National Bankshares Inc. Buyback
OLI recorded this information on 1/26/2023
Company: |
American National Bankshares Inc. |
Buyback: |
AMNB buyback |
$Amount Authorized: |
$10,000,000 |
Buyback Details: |
American National Bankshares Inc. ("the Company") (NASDAQ: AMNB), parent company of American National Bank and Trust Company, today announced that its Board of Directors has authorized the repurchase of up to $10 million worth of the Company's common stock through December 31, 2023. Shares of common stock may be purchased through open market purchases or in privately negotiated transactions at prevailing market prices. The actual means and timing of any purchases, target number of shares and range of prices under the program will be determined by the Company in its discretion and will depend on a number of factors, including the market price of the Company's common stock, general market and economic conditions, share issuances under equity plans, and applicable legal and regulatory requirements. There is no assurance that the Company will purchase any shares under the plan. |
American National Bankshares is a one-bank holding company. Through its banking subsidiary, American National Bank and Trust Company, Co. provides an array of financial products and services, including commercial, mortgage, and consumer banking; trust and investment services; and insurance. Co. has two reportable segments, community banking and wealth management. Community banking involves making loans to and generating deposits from individuals and businesses. Wealth management include estate planning, trust account administration, investment management, and retail brokerage. Investment management include purchasing equity, fixed income, and mutual fund investments for customer accounts.
Open the AMNB Page at The Online Investor »
Company Name: |
American National Bankshares, Inc. (Danville, VA) |
Stock buyback: |
AMNB buyback |
Website: |
www.amnb.com |
Sector: |
Banking & Savings |
Number of ETFs Holding AMNB: |
5 |
Total Market Value Held by ETFs: |
$24.32M |
Total Market Capitalization: |
$487.00M |
% of Market Cap. Held by ETFs: |
4.99% |
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Open the AMNB Page at The Online Investor (in a new window) »
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April 20, 2024 12:11 AM Eastern
Hold (2.00 out of 4)
100th percentile
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