CF Bankshares Inc. announced the extension of its stock repurchase program to August 15, 2026.
The program allows the repurchase of up to 325,000 shares, approximately 5% of outstanding common stock.
54,644 shares have already been repurchased under this program.
Stock Repurchase Program Extension
Extended from January 31, 2026, to August 15, 2026, showing confidence in the company's value.
Repurchase Details
May repurchase shares through open market or negotiated transactions, based on various factors.
Management's Discretion
The timing and amount of repurchases are at the discretion of the company's management.
- Extension reflects confidence in the company's business model and intrinsic value.
- Demonstrates commitment to enhancing shareholder value through repurchase program.
CF Bankshares Inc.'s decision to extend the stock repurchase program underscores their belief in the company's value and commitment to shareholder value enhancement through strategic financial decisions.