NasdaqGS:CHCOBanks
City Holding (CHCO) Valuation Check After Major Buyback Completion And Dividend Confirmation
Buyback completion and new repurchase plan frame City Holding’s latest moves
City Holding (CHCO) has just wrapped up a share repurchase covering 5.64% of its stock for US$93.8 million and launched a new program authorizing up to 1,000,000 additional shares, alongside affirming its regular quarterly dividend.
See our latest analysis for City Holding.
Those buybacks and the affirmed dividend come after a period where the 1 year total shareholder return of 14.83% has outpaced the more modest 3...