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Orrstown Financial Services, Inc. Buyback

OLI recorded this information on 9/14/2015

Company: Orrstown Financial Services, Inc.
Buyback: ORRF buyback
Share Amount Authorized: 416,000
Buyback Details: Today, the Board of Directors of Orrstown Financial Services, Inc. (Nasdaq:ORRF) authorized a stock repurchase program under which Orrstown Financial Services, Inc. may repurchase up to 5% of the company's outstanding shares of common stock, or approximately 416,000 shares, in the open market, in accordance with all applicable securities laws and regulations, including Rule 10b-18 of the Securities Exchange Act of 1934, as amended.

Orrstown Financial Services is a financial holding company. Through its subsidiary, Orrstown Bank, Co. provides banking and financial advisory services located in south central Pennsylvania, and in Anne Arundel, Baltimore, Howard and Washington Counties, MD, as well as Baltimore City, MD. Co. operates in the community banking segment and engages in lending activities, including commercial, residential, commercial mortgages, construction, municipal, and various forms of consumer lending and deposit services, including checking, savings, time and money market deposits. Co. also provides fiduciary, investment advisory, insurance and brokerage services.

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Company Name:  Orrstown Financial Services, Inc.
Stock buyback:  ORRF buyback
Website:  www.orrstown.com
Sector:  Banking & Savings
Number of ETFs Holding ORRF:  17
Total Market Value Held by ETFs:  $25.67M
Total Market Capitalization:  $277.00M
% of Market Cap. Held by ETFs:  9.27%
 

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April 25, 2024    3:17 PM Eastern
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Hold (2.50 out of 4)
4th percentile
(ranked lower than approx. 96% of all stocks covered)

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