Ohio Valley Banc Extends Stock Buyback Program to Enhance Shareholder Value Until 2026

Ohio Valley Banc Extends Stock Buyback Program, Demonstrating Commitment to Shareholder Value

Ohio Valley Banc Corp., headquartered in Gallipolis, Ohio, announces an extension of its stock buyback program until August 31, 2026, reaffirming its commitment to enhancing shareholder value. Originally instituted in 2021, this initiative allows the repurchase of up to $5 million in outstanding common stock, with approximately $2,967,000 already spent on share repurchases as of August 19, 2025. The board of directors emphasizes that, aside from the extension, the program will remain unchanged, retaining its flexibility for termination or amendment as deemed necessary.

The extension of the buyback program aligns with Ohio Valley Banc’s strategy to optimize capital management and bolster investor confidence. As the financial landscape evolves, maintaining such initiatives provides a clear signal to shareholders and the market of the company's ongoing financial health and commitment to returning value. Given the competitive nature of the banking industry, the proactive stance taken by Ohio Valley Banc may serve to enhance its appeal among investors and customers alike.

Ohio Valley Banc operates The Ohio Valley Bank Company, which boasts 17 locations across Ohio and West Virginia, alongside Loan Central, Inc., featuring six consumer finance offices within Ohio. This geographical presence underscores the company's robust regional footprint and its ability to cater to a diverse clientele, thereby positioning itself strategically within the local banking sector. The continuity of the buyback program is likely to further strengthen its market position by instilling confidence in both current and prospective customers regarding the bank’s stability and growth trajectory.

In addition to the buyback extension, stakeholders can gain insights into the company’s financial strategies by visiting its website at www.ovbc.com. For further inquiries related to financial decisions, Chief Financial Officer Scott Shockey is available at 740-446-2631, ensuring transparent communication with interested parties regarding the company's initiatives and performance.

This move not only highlights Ohio Valley Banc's dedication to its shareholders but also reflects its broader commitment to maintaining a stable and attractive banking environment in the regions it serves.