Citizens Community Bancorp, Inc. Announces New Share Repurchase Authorization
Citizens Community Bancorp, Inc. announced that its Board of Directors has approved a new share repurchase program. The authorization allows for the repurchase of up to 482,500 shares of the Company's common stock, effective from September 2, 2026, through September 1, 2027. This new authorization supersedes the previous one from July 2025, which had 112,867 shares remaining at its expiration. Repurchases will be conducted on the open market, adhering to Rule 10b-18 and potentially utilizing Rule 10b5-1 trading plans. The Board reserves the right to amend or terminate the authorization at any time. Management will determine the timing and volume of repurchases based on various factors, including market conditions and investment opportunities. The program does not obligate the Company to repurchase any specific number of shares.