Quantcast


Last updated: November 26. 2013 6:42PM - 1450 Views
STAFF REPORTS



Story Tools:

Font Size:

Social Media:

COLUMBUS GROVE — United Bancshares Inc. has announced its board of directors has authorized the repurchase of up to 97,942 of its outstanding shares of common stock.


United Bancshares Inc. is a locally owned and operating holding company of The Union Bank Co.


As of Sept. 30, the company had 3.4 million shares of common stock outstanding.


“We believe a stock repurchase program is consistent with our capital management strategy and is an efficient tool to enhance long-term shareholder value,” company President and CEO Brian D. Young said.


Comments
All user comments are subject to our Terms of Service. Users may flag inappropriate comments.
comments powered by Disqus



Featured Businesses


Poll



Info Minute



Gas Prices

Lima Gas Prices provided by GasBuddy.com