Arrow Financial (AROW) Approves $5M Buyback

The Board of Directors of Arrow Financial Corporation (Nasdaq: AROW) on October 28, 2015, 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, 2016, in open market or negotiated transactions. This new repurchase program will replace the existing $5 million repurchase program authorized on October 22, 2014, which expires December 31, 2015. Through October 28, 2015, the Company had repurchased approximately $705,000 of Company common stock under the existing program.

You May Also Be Interested In

• Exzeo Group authorizes $25 million share repurchase program
• Havas repurchases 4,887 shares under €50M buyback program
• Kaleon buys back 794 shares on Milan and Paris markets