Juniata Valley Financial Corp director Wagner buys shares

Published 19/02/2025, 20:44
Juniata Valley Financial Corp director Wagner buys shares

Bradley J. Wagner, a director at Juniata Valley Financial Corp (OTC:JUVF), has increased his holdings in the company. According to a recent SEC filing, Wagner acquired 112 shares of common stock on February 18, 2025. The shares were acquired at a price of $0 per share, bringing Wagner’s total holdings to 2,957 shares. The company, currently trading at $12.75 with a market capitalization of $63.79 million, stands out for its attractive 6.9% dividend yield. InvestingPro data reveals the company has maintained dividend payments for 30 consecutive years. This transaction reflects Wagner’s continued investment in the Pennsylvania-based state commercial bank. Trading at a P/E ratio of 10.2, InvestingPro analysis suggests the stock is slightly undervalued, with additional metrics and insights available to subscribers. The company maintains profitability and offers significant shareholder returns through its dividend program.

In other recent news, Juniata Valley Financial Corp announced that Bradley J. Wagner will not seek re-election to its Board of Directors. Wagner, who has served for over a decade, cited increased professional responsibilities as the reason for his departure. His role as Chairman of both the Audit and Asset Liability Management Committees will conclude with the upcoming Annual Meeting of Shareholders on May 20, 2025. The company expressed gratitude for Wagner’s leadership and commitment during his 11-year tenure. This announcement was made in an 8-K filing with the Securities and Exchange Commission. Juniata Valley Financial Corp now faces the task of identifying a successor to fill Wagner’s position on the board. The company has not yet announced any potential candidates or the process for electing a new director. This transition is part of the natural cycle of corporate governance, opening opportunities for new perspectives and leadership within the company.

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