Tranche Update on Wayne Savings Bancshares, Inc.'s Equity Buyback Plan announced on December 20, 2021.
May 26, 2022 at 04:33 pm EDT
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From January 1, 2022 to May 23, 2022, the company has repurchased 189,398 shares, representing 8.01% for $4.9 million. With this, the company has completed the repurchase of 198,251 shares, representing 8.37% of its issued share capital under the buyback announced on December 20, 2021.
Wayne Savings Bancshares, Inc. operates as the holding company for Wayne Savings Community Bank (the Bank) that provides personal and business banking products and services to individuals, businesses, and other organizations. The Company offers checking, savings, money market, and term certificate accounts, as well as certificates of deposit. It also provides residential mortgage, commercial, installment, residential and nonresidential real estate, commercial real estate, residential construction, multi-family real estate, land, commercial business, consumer, home, home equity, auto, recreational vehicle, personal, furniture and appliance, agriculture, and term loans, as well as lines of credit, government guaranteed programs, and standby letters of credit. In addition, the Bank offers financial planning, retirement planning, investment advisory, insurance, and wealth management and trust services. It operates in approximately 13 banking locations.
WAYNE SAVINGS BANCSHARES, INC. 
