Civista Bancshares, Inc. announces an Equity Buyback for $13.5 million worth of its shares.
April 28, 2023 at 08:31 am EDT
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Civista Bancshares, Inc. (NasdaqCM:CIVB) announces a share repurchase program. Under the program, the company will repurchase up to $13.5 million worth of its common shares. The program will expire on May 2, 2024.
Civista Bancshares, Inc. is a financial holding company. The Company, through its subsidiary, Civista Bank, is engaged in the business of community banking. Civista Bank through its locations in the Ohio counties of Erie, Crawford, Champaign, Cuyahoga, Franklin, Huron, Logan, Madison, Montgomery, Ottawa, Richland, Henry, Wood, and Summit, in the Indiana counties of Dearborn and Ripley and in the Kentucky county of Kenton, conducts a general banking business that involves collecting customer deposits, making loans, purchasing securities, and offering Trust services. Civista Bank is also engaged in a general equipment leasing and financing business through its Civista Leasing & Financing (CLF) division. Its Civista Wealth Management division offers investment advisory services to individuals, families, businesses, and non-profits with personalized investment management, 401(k) advisory services for employers, financial planning, and trust services.
CIVISTA BANCSHARES, INC. 
