Parkvale Financial (PVSA) Announces 274K Share Buyback - 5% of Outstanding Shares; Declares $0.22 Qtr. Dividend
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Parkvale Financial Corporation (Nasdaq: PVSA) today announced that its Board has authorized the repurchase of up to 5% of the company's outstanding common shares, or about 274,000 shares. The current program has resulted in the acquisition of 172,419 shares to date.
Parkvale Board also declared a quarterly dividend of $0.22 per common share payable on July 30 to shareholders of record on June 30.
Parkvale Financial Corporation operates as the holding company for Parkvale Savings Bank, which provides consumer and commercial services to individuals, partnerships, and corporations in the Pittsburgh metropolitan area.
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