Arrow Financial (AROW) Approves $5M Buyback Plan

Arrow Financial (NASDAQ: AROW) has approved a new stock repurchase program authorizing the repurchase, at the discretion of senior management, of up to $5 million of the Company's common stock over the 12-month period starting January 1, 2015, in open market or negotiated transactions.

This new repurchase program will replace the existing $5 million repurchase program authorized on November 20, 2013, which expires December 31, 2014. Through October 22, 2014, the Company had repurchased approximately $1.5 million of Company common stock under the existing program.

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