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Penns Woods Bancorp, Inc. Buyback

OLI recorded this information on 4/30/2020

Company: Penns Woods Bancorp, Inc.
Buyback: PWOD buyback
Share Amount Authorized: 723,000
Buyback Details: Richard A. Grafmyre, CEO of Penns Woods Bancorp, Inc., (NASDAQ: PWOD) has announced that the Company's Board of Directors has authorized the extension of its repurchase plan. The repurchase plan is for an additional year ending April 30, 2021 and allows for the repurchase of up to 723,000 shares of which approximately 29% has been repurchased to date.

Penns Woods Bancorp is a bank holding company. Through its subsidiaries, Jersey Shore State Bank (JSSB) and Luzerne Bank (collectively, the Banks), Co. is engaged in commercial and retail banking which includes the acceptance of time, savings, and demand deposits, the funding of commercial, consumer, and mortgage loans, and safe deposit services. The Banks provide insurance, securities brokerage services, annuity and mutual fund investment products, and financial planning through JSSB's subsidiary, The M Group, Inc. Services provided by the Banks include accepting time, demand and savings deposits including Super NOW accounts, money market accounts, and fixed rate certificates of deposit.

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Company Name:  Penns Woods Bancorp, Inc. (Jersey Shore, PA)
Stock buyback:  PWOD buyback
Sector:  Banking & Savings
Number of ETFs Holding PWOD:  15
Total Market Value Held by ETFs:  $11.90M
Total Market Capitalization:  $149.00M
% of Market Cap. Held by ETFs:  7.98%

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July 15, 2020    10:31 PM Eastern
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