Tranche Update on Skyline Bankshares, Inc.'s Equity Buyback Plan announced on January 22, 2019.
February 05, 2024 at 04:07 pm EST
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From October 1, 2023 to December 31, 2023, the company has repurchased 17,000 shares, for $0.18 million. With this, the company has completed the repurchase of 305,387 shares, for $3.54 million under the buyback announced on January 22, 2019.
Skyline Bankshares, Inc. is a bank holding company. The Company offers a wide range of retail and commercial banking services through its wholly owned bank subsidiary, Skyline National Bank (the Bank). The Bank serves the Virginia counties of Grayson, Floyd, Carroll, Wythe, Pulaski, Montgomery, Roanoke, Patrick and Washington, and the North Carolina counties of Alleghany, Ashe, Burke, Caldwell, Catawba, Cleveland, Davie, Iredell, Watauga, Wilkes, and Yadkin, and the surrounding areas through twenty seven full-service banking offices. The Bankâs loan portfolio includes commercial and agricultural production loans. The Bankâs lending services include real estate, commercial, agricultural, and consumer loans. The Bank invests a portion of its assets in United States Treasury, United States Government agency, and United States Government Sponsored Enterprise securities, state, county and local obligations, corporate and equity securities.
SKYLINE BANKSHARES, INC. 
