{"id":945153,"date":"2026-03-17T17:03:34","date_gmt":"2026-03-17T21:03:34","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/auburn-national-bancorporation-authorizes-stock-repurchase-program-2\/"},"modified":"2026-03-17T17:03:34","modified_gmt":"2026-03-17T21:03:34","slug":"auburn-national-bancorporation-authorizes-stock-repurchase-program-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/auburn-national-bancorporation-authorizes-stock-repurchase-program-2\/","title":{"rendered":"Auburn National Bancorporation Authorizes Stock Repurchase Program"},"content":{"rendered":"<div class=\"mw_release\">\n<p>AUBURN, Ala., March  17, 2026  (GLOBE NEWSWIRE) &#8212; Auburn National Bancorporation, Inc. (NASDAQ: AUBN) announced today that the Company\u2019s Board of Directors has approved a new stock repurchase program. The Company\u2019s prior stock repurchase program expired April 15, 2024. The new program authorizes the repurchase, from time to time, of up to $5 million of the Company\u2019s issued and outstanding common stock through the earliest of (i) the expenditure of $5 million on Share repurchases, (ii) the termination or replacement of the Repurchase Plan and (iii) March 15, 2027. The stock repurchases may include open-market or private purchases, negotiated transactions, block purchases, and otherwise.<\/p>\n<p>The Company is not required to acquire any specific number of shares and may suspend or terminate its share repurchases at any time. The amount and timing of the stock repurchases will be based on various factors, the Company\u2019s liquidity and capital, the market price of Company common stock compared to management\u2019s view of such stock\u2019s underlying value, and applicable regulatory, legal and accounting factors.<\/p>\n<p>\n        <strong>About Auburn National Bancorporation, Inc.<\/strong>\n      <\/p>\n<p>Auburn National Bancorporation, Inc. (the \u201cCompany\u201d) is the parent company of AuburnBank (the \u201cBank\u201d), with total assets of approximately $1.0 billion. The Bank is an Alabama state-chartered bank that is a member of the Federal Reserve System, which has operated continuously since 1907. Both the Company and the Bank are headquartered in Auburn, Alabama. The Bank conducts its business primarily in East Alabama, including Lee County and surrounding areas. The Bank operates seven full-service branches in Auburn, Opelika, Valley, and Notasulga, Alabama. The Bank also operates a loan production office in Phenix City, Alabama. Additional information about the Company and the Bank may be found by visiting\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=G6tQrIuDJVdGhWp8VFamLOL-Hl6E0JzRwfqXNtZjP4eCPkh4YiHkaPLy91T5Zr5iL-Finj2tqsLb_5iWn2ymgiueRc6AvDGepTr5KsAiP_E=\" rel=\"nofollow\" target=\"_blank\">www.auburnbank.com<\/a>.<\/p>\n<p>\n        <strong>Cautionary Notice Regarding Forward-Looking Statements<\/strong>\n      <\/p>\n<p>This press release contains \u201cforward-looking statements\u201d within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, including statements about possible future stock repurchases, future Company financial condition, operating results, liquidity, market prices of Company common stock and management\u2019s views of the value of such shares from time to time. Forward-looking statements involve known and unknown risks, uncertainties and other factors, various of which may be beyond our control, and which may cause the Company\u2019s actual results, performance, achievements or financial condition to be materially different from those expressed or implied by such forward-looking statements.<\/p>\n<p>All written or oral forward-looking statements attributable to the Company are expressly qualified in their entirety by this cautionary notice, together with those risks and uncertainties described in the Company\u2019s annual report on Form\u00a010-K\u00a0for the year ended December\u00a031, 2025 and otherwise in the Company\u2019s other SEC reports and filings.<\/p>\n<p>For additional information, contact:<br \/>David A. Hedges<br \/>President and CEO<br \/>(334) 821-9200<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTY3Mzc5NSM3NDkwNDk5IzIwMTg5NTc=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/YWIyY2YzN2ItYjZhNS00ZWNhLWJlNjctMjIyODg1M2M3NTQ3LTEwMzA1MzAtMjAyNi0wMy0xNy1lbg==\/tiny\/Auburn-National-Bancorporation.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>AUBURN, Ala., March 17, 2026 (GLOBE NEWSWIRE) &#8212; Auburn National Bancorporation, Inc. (NASDAQ: AUBN) announced today that the Company\u2019s Board of Directors has approved a new stock repurchase program. The Company\u2019s prior stock repurchase program expired April 15, 2024. The new program authorizes the repurchase, from time to time, of up to $5 million of the Company\u2019s issued and outstanding common stock through the earliest of (i) the expenditure of $5 million on Share repurchases, (ii) the termination or replacement of the Repurchase Plan and (iii) March 15, 2027. The stock repurchases may include open-market or private purchases, negotiated transactions, block purchases, and otherwise. The Company is not required to acquire any specific number of shares and may suspend or &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/auburn-national-bancorporation-authorizes-stock-repurchase-program-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Auburn National Bancorporation Authorizes Stock Repurchase Program&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-945153","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Auburn National Bancorporation Authorizes Stock Repurchase Program - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/auburn-national-bancorporation-authorizes-stock-repurchase-program-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Auburn National Bancorporation Authorizes Stock Repurchase Program - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"AUBURN, Ala., March 17, 2026 (GLOBE NEWSWIRE) &#8212; Auburn National Bancorporation, Inc. (NASDAQ: AUBN) announced today that the Company\u2019s Board of Directors has approved a new stock repurchase program. The Company\u2019s prior stock repurchase program expired April 15, 2024. The new program authorizes the repurchase, from time to time, of up to $5 million of the Company\u2019s issued and outstanding common stock through the earliest of (i) the expenditure of $5 million on Share repurchases, (ii) the termination or replacement of the Repurchase Plan and (iii) March 15, 2027. The stock repurchases may include open-market or private purchases, negotiated transactions, block purchases, and otherwise. 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