Item 8.01. Other Events.
On
Repurchases will be made at management's discretion at prices management
considers to be attractive and in the best interests of both the Corporation and
its stockholders, subject to the availability of stock, general market
conditions, the trading price of the common stock, alternative uses for capital,
and the Corporation's financial performance. Open market purchases will be
conducted in accordance with the limitations set forth in Rule 10b-18 of the
The repurchase program may be suspended, terminated or modified at any time for any reason, including market conditions, the cost of repurchasing shares, the availability of alternative investment opportunities, liquidity, and other factors deemed appropriate. These factors may also affect the timing and amount of share repurchases. The repurchase program does not obligate the Corporation to purchase any particular number of shares.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits Exhibit No. 99.1 Press Release ofChemung Financial Corporation datedJanuary 8, 2021 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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