GALLIPOLIS, Ohio, Aug. 21,
2024 /PRNewswire/ -- Ohio Valley Banc Corp.
[Nasdaq: OVBC] (the "Company") announced the Board of Directors has
authorized the extension date of its existing stock buyback program
to August 31, 2025.
The program was originally approved by the board in 2021 and was
set to expire August 31 of this year.
With the extension, the share repurchase program will continue to
authorize the repurchase of up to $5
million in shares of the Company's outstanding common stock.
As of August 21, 2024, the Company
had repurchased approximately $2,967,000 in common stock.
Other than the extension of the program for an additional year,
no changes were made to the stock buyback program. The program may
be terminated or amended by the Board at any time prior to the
expiration date.
About Ohio Valley Banc Corp.
Ohio Valley Banc
Corp. common stock is traded on the NASDAQ Global Market under the
symbol OVBC. Ohio Valley Banc Corp. is based in Gallipolis, Ohio. The company owns The Ohio
Valley Bank Company, with 17 offices in Ohio and West
Virginia, and Loan Central, Inc., with six consumer finance
offices in Ohio. Learn more about
Ohio Valley Banc Corp. at www.ovbc.com.
Contact: Scott Shockey, CFO 740-446-2631
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SOURCE Ohio Valley Banc Corp.