The Board of Directors has authorized a new share repurchase program allowing the company to buy back up to 131,350 shares, or approximately 5% of its outstanding common stock. Repurchases may be executed periodically via open market transactions, block trades, Rule 10b5-1 plans, or privately negotiated deals, depending on market conditions and other factors. The exact number of shares is not guaranteed and the program can be suspended at any time without notice. This new authorization terminates the previous share repurchase program adopted in February 2021. CSB Bancorp operates as a bank holding company providing financial services.
