Tranche Update on SB Financial Group, Inc.'s Equity Buyback Plan announced on May 27, 2021.
March 07, 2023 at 04:39 pm EST
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From October 1, 2022 to December 31, 2022, the company has repurchased 7,254 shares, representing 0.1% for $0.12 million. With this, the company has completed the repurchase of 564,000 shares, representing 7.75% for $10.49 million under the buyback announced on May 27, 2021.
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.