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Julian Forrest Barnwell Jr., a director at Burke & Herbert Financial Services Corp. (NASDAQ:BHRB), recently acquired 1,140 shares of common stock in a transaction dated March 13, 2025. The shares were purchased at an average price of $58.3847 each, resulting in a total transaction value of approximately $66,558. Following this transaction, Barnwell holds a significant number of shares across various trusts and direct ownership, reflecting his continued investment in the company. The $879 million market cap financial services firm maintains a solid 3.75% dividend yield and has maintained dividend payments for 19 consecutive years. InvestingPro data reveals 5 additional key insights about BHRB’s financial health and growth prospects.
In other recent news, Burke & Herbert Financial Services Corp. announced that board member Jason A. Kitzmiller will not seek re-election at the upcoming 2025 Annual Shareholder’s Meeting. Kitzmiller will continue his duties until the meeting, scheduled for May 22, 2025. The company, based in Alexandria, Virginia, expressed gratitude for Kitzmiller’s contributions, which were disclosed in a Form 8-K filing with the Securities and Exchange Commission. The 2025 Annual Meeting will be held at the Burke & Herbert Corporate Center, and March 14, 2025, has been set as the record date for shareholders eligible to receive notice and vote at the meeting. Shareholders have been alerted to revised deadlines for proposals due to the meeting’s date being more than 30 days before the anniversary of the 2024 Annual Meeting. Proposals for inclusion in the proxy materials must be received by February 21, 2025, and must adhere to SEC rules and company bylaws. Further details regarding the meeting and proxy materials will be provided to shareholders and filed with the SEC at a later date.
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