Norwood Financial Corp Adopts Stock Repurchase Program

Norwood Financial Corp's Board of Directors has adopted a new stock repurchase program authorizing the company to repurchase up to 550,000 shares (approximately 5% of outstanding shares) of its common stock. The program replaces a previous 2021 authorization and allows repurchases through open market transactions, private deals, and block trades at management's discretion based on market conditions and capital availability.