Tranche Update on Community Bank System, Inc.'s Equity Buyback Plan announced on December 22, 2023.
April 23, 2024 at 02:59 pm
Share
From January 1, 2024 to March 31, 2024, the company has repurchased 750,000 shares, representing 1.41% for $34.46 million. With this, the company has completed the repurchase of 750,000 shares, representing 1.41% for $34.46 million under the buyback announced on December 22, 2023.
Community Financial System, Inc., formerly Community Bank System, Inc., is a diversified financial services company. The Company is focused on four main business lines, such as banking, employee benefit services, insurance services and wealth management. The Companyâs banking subsidiary, Community Bank, N.A., operates approximately 200 customer facilities across Upstate New York, Northeastern Pennsylvania, Vermont, and Western Massachusetts. The Companyâs Benefit Plans Administrative Services, Inc. subsidiary is a provider of employee benefits administration, trust services, collective investment fund administration, and actuarial consulting services to customers on a national scale. The Companyâs OneGroup NY, Inc. subsidiary is a United States insurance agency. The Company also offers comprehensive financial planning, trust administration and wealth management services through its Wealth Management operating unit.
COMMUNITY FINANCIAL SYSTEM, INC. 
