Gold bars to be exempt from tariffs, White House clarifies
In a recent filing with the Securities and Exchange Commission, Burke & Herbert Financial Services Corp. (NASDAQ:BHRB) reported that Mark Guthrie Anderson, a director of the company, purchased a total of 2,000 shares of common stock on June 2, 2025. The shares were acquired at prices ranging from $56.3249 to $56.6214 per share, amounting to a total investment of $112,798.
Following these transactions, Anderson’s direct ownership in the company increased to 27,700 shares. The purchases reflect Anderson’s continued commitment to the company, further solidifying his stake in the financial services firm. InvestingPro subscribers can access additional insights, including 5 more key tips about BHRB’s growth prospects and financial health metrics.
In other recent news, Burke & Herbert Financial Services Corp. reported robust first-quarter financial results, with a net income of $27.0 million, or $1.80 per diluted common share, compared to $19.6 million, or $1.30 per share, in the previous quarter. The company also declared a cash dividend of $0.55 per share and announced a share repurchase program of up to $50.0 million, contingent on market conditions. Additionally, Burke & Herbert has made significant leadership changes, appointing Patrick "Kip" Huffman as the new Senior Vice President and Chief Accounting Officer. This follows the departure of Julie R. Markwood, who concluded her 37-year tenure due to health reasons. In corporate governance, shareholders approved the election of all fifteen directors for one-year terms and ratified Crowe LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025. These developments reflect Burke & Herbert’s ongoing strategic efforts to enhance its financial and operational strength.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.