On March 17, 2026, Auburn National Bancorporation, Inc. (NASDAQ: AUBN) announced the approval of a new stock repurchase program by its Board of Directors. This program is set to replace the previous repurchase program that expired on April 15, 2024. The new initiative allows for the repurchase of up to $5 million of the company's issued and outstanding common stock. The repurchases may occur through various methods, including open-market transactions, private purchases, negotiated transactions, and block purchases. The program will continue until the earlier of the expenditure of the full $5 million, the termination or replacement of the repurchase plan, or March 15, 2027. The company is not obligated to repurchase any specific number of shares and may suspend or terminate the repurchase program at any time, depending on factors such as liquidity, market price, and regulatory considerations. This strategic move is expected to enhance shareholder value and reflects the company's confidence in its financial position and future prospects.

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