1 unchanged sentence
Shares of our common stock trade on the NASDAQ Global Select Market under the symbol "MRBK".
−Removed: All share and per share amounts have been adjusted to reflect the two-for-one stock split effective February 28, 2023.
As of March 10, 2025, there were approximately 1,898 registered shareholders of the Corporation's common stock.
1 unchanged sentence
Share Repurchases
−Removed: We did not repurchase any shares of the Corporation during the fourth quarter of 2023.
−Removed: On August 30, 2021, the Corporation announced a stock repurchase plan pursuant to which the Corporation may repurchase up to $20 million of the company’s outstanding common stock, par value $1.00 per share.
−Removed: Stock is purchased under the plan from time to time in the open market or through privately negotiated transactions, or otherwise, at the discretion of management of the company in accordance with legal requirements.
+Added: On August 30, 2021, the Corporation announced a stock repurchase plan which allowed the Corporation to repurchase up to $20 million of the company’s outstanding common stock, par value $1.00 per share.
+Added: Stock was purchased under the plan from time to time in the open market or through privately negotiated transactions, or otherwise, at the discretion of management of the company in accordance with legal requirements.
On April 22, 2023, the stock repurchase plan expired.
The total amount of stock repurchased under the plan was $19.6 million in total.
+Added: We did not repurchase any shares of the Corporation during 2024.
Dividend Policy
4 unchanged sentences
During 2024, and 2023, the Board of Directors paid cash dividends as follows:
−Removed: Date Declared Date of Record Date Paid Quarterly Dividend $ Special Dividend $
+Added: Date Declared Date of Record Date Paid Quarterly Dividend $
January 26, 2023 February 14, 2023 February 21, 2023 $0.125
3 unchanged sentences
January 26, 2024 February 12, 2024 February 20, 2024 0.125
−Removed: April 27, 2023 May 15, 2023 May 22, 2023 $ 0.125 $ —
+Added: 2024 May 13, 2024 May 20, 2024 0.125
July 25, 2024 August 12, 2024 August 19, 2024 0.125
1 unchanged sentence
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.