Riverview Financial Corp. last week renewed its stock repurchase program.
Under the program, the Dauphin County bank holding company may repurchase up to 4.9 percent of its outstanding common stock over the next year. Repurchased shares are held as treasury stock and available “for general corporate purposes,” Riverview said.
Riverview’s board approved renewing the program May 15.
Riverview is the parent company of Riverview Bank, which includes the operating divisions Marysville Bank and Halifax Bank.