Embassy Bancorp, Inc. announced that its Board of Directors has authorized the adoption of a stock repurchase program for up to $5 million of its outstanding common stock. This program is scheduled to become effective on October 31, 2025.
This marks Embassy Bancorp, Inc.’s first stock repurchase program, signaling a strategic deployment of capital. Repurchases under this program will be made in open market or privately negotiated transactions, subject to market conditions and regulatory considerations.
David M. Lobach, Chairman, President, and Chief Executive Officer, stated that the authorization reflects a disciplined focus on long-term shareholder value. He emphasized the strength of the company's capital, balance sheet, and financial results as key drivers for this decision.
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