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Codorus Valley Bancorp, Inc. Buyback

OLI recorded this information on 2/15/2018

Company: Codorus Valley Bancorp, Inc.
Buyback: CVLY buyback
Share Amount Authorized: 4.9% of Outstanding Common Stock
Buyback Details: Codorus Valley Bancorp, Inc. ("Codorus Valley" or the "Corporation") (NASDAQ:CVLY), parent company of PeoplesBank, a Codorus Valley Company (PeoplesBank), today announced that its Board of Directors had approved a new treasury stock repurchase program. Under the newly approved stock repurchase program, the Corporation is authorized to repurchase up to 4.9% of the Corporation's issued and outstanding common stock at February 13, 2018. As permitted by securities laws and other legal requirements and subject to market conditions and other factors, purchases under the program may be made from time to time in the open market at prevailing prices, or through privately negotiated transactions.

Codorus Valley Bancorp is a bank holding company. Through its bank subsidiary, PeoplesBank, A Codorus Valley Company (PeoplesBank), Co. provides a range of consumer, business, wealth management, and mortgage services. PeoplesBank is focused on acquiring and nurturing financial relationships with businesses. Co. operates in one segment, community banking. PeoplesBank nonbank subsidiaries include: Codorus Valley Financial Advisors, Inc., which sells non-deposit investment products in Pennsylvania; Codorus Valley Financial Advisors, Inc., which sells non-deposit investment products in Maryland; and SYC Settlement Services, Inc., which provides real estate settlement services.

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Company Name:  Codorus Valley Bancorp, Inc.
Stock buyback:  CVLY buyback
Sector:  Banking & Savings
Number of ETFs Holding CVLY:  17
Total Market Value Held by ETFs:  $18.17M
Total Market Capitalization:  $210.00M
% of Market Cap. Held by ETFs:  8.65%

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January 19, 2020    12:15 PM Eastern
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