StockNews.com assumed coverage on shares of Codorus Valley Bancorp (NASDAQ:CVLY – Get Rating) in a report issued on Sunday morning. The firm issued a hold rating on the financial services provider’s stock. CVLY stock traded down $0.04 during trading on Friday, hitting $21.96. The company had a trading volume of 4,757 shares, compared to its […]
StockNews.com began coverage on shares of Codorus Valley Bancorp (NASDAQ:CVLY – Get Rating) in a report issued on Wednesday. The firm set a “hold” rating on the financial services provider’s stock. Shares of CVLY opened at $22.30 on Wednesday. Codorus Valley Bancorp has a 1 year low of $16.86 and a 1 year high of […]
Codorus Valley Bancorp, Inc. Approves New Share Repurchase Program Codorus Valley Bancorp, Inc York, Pennsylvania, UNITED STATES
YORK, Pa., Jan. 14, 2021 (GLOBE NEWSWIRE) Codorus Valley Bancorp, Inc. (“Codorus Valley” or the “Corporation”) (NASDAQ: CVLY), parent company of PeoplesBank, A Codorus Valley Company (PeoplesBank), today announced that its Board of Directors had approved a new treasury stock repurchase program.
Under the newly approved stock repurchase program, the Corporation is authorized to repurchase up to $5 million of the Corporation’s issued and outstanding common stock. As permitted by securities laws and other legal requirements and subject to market conditions and other factors, purchases under the program may be made from time to time in the open market at prevailing prices, or through privately negotiated transactions.