Arrow Financial (AROW) has provided an announcement.
The Company has recently shared its First Quarter 2024 Investor Presentation, detailing its latest financial results and trends. Alongside this, the Company announced a quarterly dividend of $0.27 per share and initiated a new $5 million stock repurchase program, following the completion of a prior repurchase plan. Furthermore, a class action complaint against the Company is set to be settled, which management anticipates will not materially impact the financial outcomes.
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