Tranche Update on Wayne Savings Bancshares, Inc.'s Equity Buyback Plan announced on November 25, 2020.
January 19, 2022
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From November 24, 2020 to December 31, 2021, the company has repurchased 122,718 shares, for $3.2 million. With this, the company has completed the repurchase of 122,718 shares, for $3.2 million under the buyback announced on November 25, 2020.
Wayne Savings Bancshares, Inc. operates as the holding company for Wayne Savings Community Bank (the Bank) that provides personal and business banking products and services to individuals, businesses, and other organizations. The Company offers checking, savings, money market, and term certificate accounts, as well as certificates of deposit. It also provides residential mortgage, commercial, installment, residential and nonresidential real estate, commercial real estate, residential construction, multi-family real estate, land, commercial business, consumer, home, home equity, auto, recreational vehicle, personal, furniture and appliance, agriculture, and term loans, as well as lines of credit, government guaranteed programs, and standby letters of credit. In addition, the Bank offers financial planning, retirement planning, investment advisory, insurance, and wealth management and trust services. It operates in approximately 13 banking locations.