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ACNB Corporation Announces Common Stock Repurchase Program
ACNB CorporationFebruary 25, 2021 GMT
GETTYSBURG, Pa., Feb. 25, 2021 (GLOBE NEWSWIRE) ACNB Corporation (NASDAQ: ACNB), financial holding company for ACNB Bank and Russell Insurance Group, Inc., announced that the Board of Directors has approved a plan to repurchase, in open market and privately negotiated transactions, up to 261,000, or approximately 3%, of the outstanding shares of the Corporation’s common stock.
In announcing the new program, James P. Helt, President & Chief Executive Officer of ACNB Corporation, stated, “The Board of Directors believes that the repurchase of ACNB Corporation’s common stock represents an attractive opportunity for both the Corporation and its shareholders.” Mr. Helt continued, “The approval of this stock repurchase program reinforces the long-term commitment to ACNB Corporation sh