Ohio Valley Banc Extends Stock Buyback Program Through 2026 for Shareholder Value

Ohio Valley Banc Corp. Extends Stock Buyback Program to 2026

Ohio Valley Banc Corp., headquartered in Gallipolis, Ohio, announces a significant extension of its stock buyback program, now set to run until August 31, 2026. This initiative, initially approved in 2021, allows the repurchase of up to $5 million of the company’s outstanding common stock. As of August 19, 2025, the company has successfully repurchased approximately $2,967,000 worth of shares under this program. The extension reflects Ohio Valley Banc's commitment to returning value to its shareholders while maintaining a robust financial position.

The decision to extend the buyback program aligns with the company’s strategic vision to enhance shareholder value and reinforce investor confidence. Ohio Valley Banc's Board of Directors confirmed that no changes will be made to the existing buyback initiative apart from the extension. This continuity indicates the board's confidence in the company’s financial health and its ongoing commitment to prudent capital management. The program remains flexible, allowing the board to modify or terminate it at any time before the new expiration date.

Ohio Valley Banc operates The Ohio Valley Bank Company, which boasts 17 offices across Ohio and West Virginia, in addition to Loan Central, Inc., which has six consumer finance offices in Ohio. This extensive network enables the company to serve a diverse customer base across the region effectively. By fostering local relationships and focusing on community banking, Ohio Valley Banc positions itself as a key player in the financial services industry, addressing the needs of both consumers and businesses alike.

In addition to the stock buyback program, Ohio Valley Banc continues to prioritize customer service and financial solutions that cater to its clientele's evolving needs. Interested parties can find more information about their services on the company’s website at www.ovbc.com. For any inquiries regarding the financial initiatives or the company’s strategies, CFO Scott Shockey is available for contact at 740-446-2631, emphasizing the company's openness and commitment to transparency.