On March 25, 2026, City Holding Company (NASDAQ: CHCO) announced that its Board of Directors has declared a dividend of $0.87 per common share for shareholders of record as of April 15, 2026, payable on April 30, 2026. This dividend reflects the company's ongoing commitment to returning value to its shareholders. Additionally, the Board authorized a new share repurchase program allowing the company to buy back up to 1,000,000 shares of its common stock, which represents approximately 7% of the outstanding shares. The repurchase will be conducted in open market transactions at prices that are accretive to the earnings per share of continuing shareholders. The program has no set time limit, allowing management to adjust purchases based on market conditions. This decision comes after the company successfully repurchased 822,634 shares under a previous plan approved in January 2024. City Holding Company continues to maintain a strong capital position, with capital levels growing due to exceptional earnings. The company operates 96 branches across West Virginia, Kentucky, Virginia, and eastern Ohio, and remains focused on enhancing shareholder value while ensuring appropriate capital levels are maintained.

Press Release distribution

National Press Distribution across U.S. Media. Direct Access to Key Decision Making Editors.