Stock Buyback Program Extension: Ohio Valley Banc Corp. has extended its stock buyback program until August 31, 2026, originally set to expire this year.
Repurchase Authorization: The board continues to authorize the repurchase of up to $5 million in shares of the company's outstanding common stock.
Current Repurchases: As of August 19, 2025, approximately $2,967,000 worth of common stock has already been repurchased under the program.
Company Overview: Ohio Valley Banc Corp. operates The Ohio Valley Bank Company and Loan Central, Inc., with multiple offices in Ohio and West Virginia, and is traded on NASDAQ under the symbol OVBC.
OVBC
$41.54+Infinity%1D
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About OVBC
Ohio Valley Banc Corp. is a financial holding company, which owns The Ohio Valley Bank Company (the Bank). The Bank is engaged in commercial and retail banking. The Bank is a full-service financial institution offering a blend of commercial and consumer banking services within southeastern Ohio as well as western West Virginia. The banking services offered by the Bank include the acceptance of deposits in checking, savings, time and money market accounts; the making and servicing of personal and commercial loans; and the making of construction and real estate loans. The Bank offers individual retirement accounts, safe deposit boxes, wire transfers and other standard banking products and services. As part of its lending function, the Bank offers credit card services. In addition to originating loans, the Bank invests in United States government and agency obligations, interest-bearing deposits in other financial institutions, and other investments permitted by applicable law.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.