Tranche Update on SB Financial Group, Inc.'s Equity Buyback Plan announced on December 23, 2022.
July 25, 2023 at 02:44 pm EDT
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From April 1, 2023 to June 30, 2023, the company has repurchased 91,260 shares, representing 1.31% for $1.25 million. With this, the company has completed the repurchase of 154,763 shares, representing 2.23% for $2.19 million under the buyback announced on December 23, 2022.
SB Financial Group, Inc. is a financial holding company. Through its direct and indirect subsidiaries, the Company is engaged in a various financial activities, including commercial banking, and wealth management services. The Company is primarily engaged in providing a full range of banking and wealth management services to individual and corporate customers primarily located in Ohio, Indiana, and Michigan. Its principal activity is the ownership and management of its wholly owned subsidiaries, The State Bank and Trust Company, SBFG Title, LLC, SB Captive, Inc., RFCBC, Inc., Rurbanc Data Services, Inc., Rurban Statutory Trust II, and SBFG Mortgage, LLC. The State Bank and Trust Company offers a full range of commercial banking services, including checking accounts, savings accounts, money market accounts and time certificates of deposit, automatic teller machines, commercial, consumer, agricultural and residential mortgage loans, commercial leasing, and various other services.