Item 5. Market for Registrant’s Common Equity
ITEM 5. MARKET FOR REGISTRANT’ S COMMON EQUITY AND RELATED STOCKHOLDER MATTERS.
Information contained in the section captioned “Common Stock and Shareholder Information” included in Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations is incorporated herein by reference.
PERFORMANCE GRAPH
The following graph compares the yearly stock change and the cumulative total shareholder return on CSB’s Common Shares during the five-year period ended December 31, 2023, with the cumulative total return on the Standard and Poor’s 500 Stock Index and the NASDAQ Community Bank Stock Index. The comparison assumes $100 was invested on December 31, 2018, in CSB’s Common Shares and in each of the indicated indices and assumes reinvestment of dividends.
2018
2019
2020
2021
2022
2023
CSBB
$
100
$
109
$
97
$
108
$
114
$
115
S & P 500 Total Return
100
131
156
200
164
207
NASDAQ Community Bank Total Return
100
123
109
148
137
135
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ISSUER PURCHASES OF EQUITY SECURITIES
Period
Total Number of Shares Purchased
Average Price Paid Per Share
Total number of Shares Purchased as Part of Publicly Announced Plans
Maximum Number of Shares that May Yet be Purchased Under the Plan
October 1, 2023 to October 31, 2023
—
$
—
—
66,081
November 1, 2023 to November 30, 2023
227
36.71
227
65,854
December 1, 2023 to December 31, 2023
1,148
37.55
1,148
64,706
On March 2, 2021, CSB filed a Current Report on Form 8-K with the SEC announcing that its Board of Directors approved a Stock Repurchase Program authorizing the repurchase of up to 5% of CSB’s common shares. Repurchases may be made periodically as market and business conditions warrant, in the open market, through block purchases and in negotiated private transactions. The Stock Repurchase Program has no scheduled expiration date. CSB repurchased 37,638 Common Shares during 2023 and 10,448 Common Shares during 2022.
ITEM 6. [RESERVED]
17
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.