US LNG exports surge but will buyers in China turn up?
Stephen J. Guillaume, the Executive Vice President of Citizens Financial Services (OTC:CZFS) Inc. (NASDAQ:CZFS), recently acquired additional shares in the company. According to a recent SEC filing, Guillaume purchased 13 shares of the company’s common stock at a price of $57.45 per share, amounting to a total transaction value of $746. The purchase comes as the $287.81 million market cap company trades at an attractive P/E ratio of 10.7, with InvestingPro analysis suggesting the stock is currently undervalued. Following this acquisition, Guillaume’s total holdings amount to approximately 4,077 shares. This transaction reflects the ongoing engagement of company executives in the ownership of Citizens Financial Services, a state commercial bank headquartered in Mansfield, Pennsylvania. The company has maintained dividend payments for 32 consecutive years, currently offering a 3.24% yield. InvestingPro analysis reveals several additional positive indicators for the stock, with multiple ProTips available to subscribers.
In other recent news, Citizens Financial Services Inc . has entered into change in control agreements with two of its senior executives, Senior Executive Vice President David Z. Richards, Jr., and Chief Financial Officer Stephen J. Guillaume. These agreements, filed with the SEC, provide compensatory benefits if their employment is terminated due to a change in control of the company. The benefits include a lump sum payment equivalent to their annual base salary and continuation of health care and long-term disability insurance for 18 months. This move is intended to ensure stability within the company’s leadership during potential corporate transitions.
Additionally, Citizens Financial (NYSE:CFG) has announced its 2025 annual meeting of shareholders, scheduled for April 15, 2025. The announcement was made via an 8-K filing with the SEC, which did not include details on the meeting’s agenda or proposals. The filing serves as a formal notification to shareholders and complies with SEC regulations requiring disclosure of such events. Further information regarding the meeting’s agenda is expected to be shared closer to the meeting date.
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