Tranche Update on Citizens Financial Services, Inc.'s Equity Buyback Plan announced on October 21, 2015.
January 27, 2017 at 07:18 pm
Share
From October 1, 2016 to December 31, 2016, the company has repurchased 30,597 shares, for $1.51 million. With this, the company has completed the repurchase of 42,664 shares, for $2.09 million under the buyback announced on October 21, 2015.
Citizens Financial Services, Inc. is a bank holding company for First Citizens Community Bank (the Bank). The Bank is a full-service bank engaged in a range of banking activities and services for individual, business, governmental and institutional customers. These activities and services principally include checking, savings, and time deposit accounts; residential, commercial, and agricultural real estate, commercial and industrial, state and political subdivision and consumer loans; and a variety of other specialized financial services. The Trust and Investment division of the Bank offers a full range of client investment, estate, mineral management, and retirement services. The Bank operates 39 full-service offices, one limited branch office, and four mortgage centers in its market areas. It is engaged in the ownership and management of CZFS Acquisition Company, LLC, its subsidiary, the Bank and the Banks subsidiaries, First Citizens Insurance Agency, Inc. and 1st Realty of PA LLC.