Envirotech Vehicles appoints Jason Maddox to board of directors
Ash Thomas P, a director at CF Bankshares Inc. (NASDAQ:CFBK), recently executed a purchase of 100 shares of the company’s common stock. The transaction, dated March 17, 2025, was conducted at an average price of $22.874 per share, resulting in a total purchase value of $2,287. The purchase price sits between the stock’s 52-week range of $16.92 to $31.16, with the company currently trading at a P/E ratio of 10.5x and maintaining a market capitalization of approximately $140 million. According to InvestingPro analysis, the stock appears slightly overvalued at current levels. Following this acquisition, Thomas holds a total of 43,219 shares in the company. This transaction was documented in a recent SEC filing. The company has demonstrated strong shareholder focus with five consecutive years of dividend increases and currently offers a 1.26% dividend yield. InvestingPro subscribers can access additional insights, including more than 3 exclusive ProTips and comprehensive financial metrics about CF Bankshares.
In other recent news, CF Bankshares Inc. has announced the initiation of a stock repurchase program. The company plans to buy back up to 325,000 shares, which accounts for approximately 5% of its outstanding common stock. This program is authorized to continue until January 31, 2026, with purchases being made through open market or privately negotiated transactions. The specifics of the buyback, including timing and volume, will be determined by management based on market conditions and other relevant factors. The initiative reflects the board’s confidence in the company’s value and commitment to enhancing shareholder value. CF Bankshares’ President and CEO, Timothy T. O’Dell (NYSE:DELL), emphasized this confidence in the business model. The company has not provided any guarantees regarding future performance, as forward-looking statements are subject to risks and uncertainties. This development was reported in a press release from CF Bankshares Inc.
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