Tranche Update on United Bancshares, Inc.'s Equity Buyback Plan announced on July 29, 2005.
November 08, 2022 at 06:06 am EST
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From July 1, 2022 to September 30, 2022, the company has repurchased 43,600 shares, for $0.87 million. With this, the company has completed the repurchase of 554,729 shares under the buyback announced on July 29, 2005.
United Bancshares, Inc. is a financial holding company. Its principal subsidiary is The Union Bank Company (Union Bank). Its core business operations are conducted through its subsidiaries, Union Bank and UBC Risk Management, Inc. (UBC Risk Management). Union Bank is a full-service community bank offering a full range of commercial and consumer banking services. Union Bank offers a range of deposit services, including checking accounts, savings and money market accounts, certificates of deposit and individual retirement accounts. Wealth management services are offered by Union Bank through an arrangement with LPL Financial LLC, a registered broker/dealer. Union Bankâs loan products include commercial and residential real estate loans, agricultural loans, commercial and industrial loans, home equity loans, various types of consumer loans and others. UBC Risk Management is a captive insurance subsidiary that insures various liability and property damage policies for the Company.
UNITED BANCSHARES, INC. 
