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WAYN Buyback image

Wayne Savings Bancshares, Inc. Buyback

OLI recorded this information on 12/20/2021

Company: Wayne Savings Bancshares, Inc.
Buyback: WAYN buyback
Share Amount Authorized: 118,707
Buyback Details: Wayne Savings Bancshares, Inc., (the "Company") (OTCQX:WAYN), the holding company for Wayne Savings Community Bank, reported that its Board of Directors approved a new stock repurchase program. On December 16, 2021, the Board of Directors adopted a new 5% stock repurchase program authorizing the Company to repurchase up to an additional 118,707 shares. The stock repurchase program may be limited or terminated at any time without prior notice. The previous stock repurchase program will be completed during the fourth quarter of 2021.

Wayne Savings Bancshares is a unitary thrift holding company. Through its subsidiary, Wayne Savings Community Bank (the Bank), Co. provides a range of consumer and business financial services. The Bank's primary lending and deposit gathering area includes Wayne, Holmes, Ashland, Medina and Stark counties in northeast Ohio. The Bank originates one-to-four family residential real estate loans, multi-family residential, commercial and nonresidential real estate loans, consumer loans and construction loans. Co.'s primary deposit products are checking, savings, money market and term certificate accounts. At Dec 31 2016, Co. had total assets of $454.8 million and total deposits of $383.7 million.
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WAYN — Key Stats (updated Fri., Nov. 17, 10:27 AM)
Company Name:  Wayne Savings Bancshares Inc
Stock buyback:  WAYN buyback
Sector:  Banking & Savings
 

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May 2, 2024  •  12:36 AM Eastern
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