ACNB announces dividend increase and share buyback program
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ACNB Corporation (NASDAQ: ACNB) announced its board of directors approved a quarterly dividend increase, a special cash dividend, and a new share repurchase program.
The financial holding company declared a regular quarterly cash dividend of $0.42 per share, payable June 15, 2026, to shareholders of record as of June 1, 2026. This represents a 10.5% increase from the $0.38 dividend paid in the first quarter of 2026 and a 23.5% increase from the $0.34 paid in the second quarter of 2025.
The board also declared a one-time special cash dividend of $0.50 per share, payable on the same date to shareholders of record as of June 1, 2026.
ACNB completed its previous share repurchase program authorized in June 2025. The board approved a new plan to repurchase up to 310,000 shares, approximately 3% of outstanding common stock, through open market transactions at prevailing market prices. The timing and amount of repurchases will depend on factors including capital position, liquidity, financial performance, market conditions, and regulatory requirements.
"These actions reflect the Board's confidence in our solid balance sheet, strong operating performance, and the long-term growth prospects of our business," said James P. Helt, Chief Executive Officer.
ACNB Corporation is the $3.27 billion financial holding company for ACNB Bank and ACNB Insurance Services. Founded in 1857, the company operates 33 community banking offices and two limited purpose offices across Pennsylvania and Maryland counties.
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