The Online Investor

Slideshow Stock Buybacks

By The Online Investor Staff, updated Mon., Jan. 24, 1:06 PM

Slide #7. Codorus Valley Bancorp, Inc.

Company: Codorus Valley Bancorp, Inc. (NASDAQ:CVLY)
$Amount Authorized: $5,000,000
Buyback Details: Codorus Valley Bancorp, Inc. ("Codorus Valley" or the "Corporation") (NASDAQ: CVLY), parent company of PeoplesBank, A Codorus Valley Company (PeoplesBank), today announced that it had successfully completed the $5 million treasury stock repurchase program announced on August 31, 2021, and that its Board of Directors had approved a new treasury stock repurchase program. Under the newly approved stock repurchase program, the Corporation is authorized to repurchase up to an additional $5 million of the Corporation's issued and outstanding common stock. As permitted by securities laws and other legal requirements and subject to market conditions and other factors, purchases under the program may be made from time to time in the open market at prevailing prices, or through privately negotiated transactions.

Codorus Valley Bancorp is a bank holding company. Through its bank subsidiary, PeoplesBank, A Codorus Valley Company (PeoplesBank), Co. provides a range of consumer, business, wealth management, and mortgage services at financial centers located in communities throughout South Central Pennsylvania and Central Maryland. PeoplesBank is focused on acquiring and nurturing financial relationships with small and mid-sized businesses. Co. operates community banking. PeoplesBank's non-bank subsidiary, Codorus Valley Financial Advisors, Inc., sells non-deposit investment products. Co.'s non-bank subsidary, CVB Statutory Trust No. 2, facilitates a pooled trust preferred debt issuance of $7,217,000.
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Company Name: 
Codorus Valley Bancorp, Inc.
Stock buyback: 
CVLY buyback
Sector: 
Banking & Savings
Number of ETFs Holding CVLY: 
6
Total Market Value Held by ETFs: 
$9.64M
Total Market Capitalization: 
$209.00M
% of Market Cap. Held by ETFs: 
4.61%
 

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