Trump signs order raising Canada tariffs to 35% from 25%
Jennifer L. Mann, a director at QNB Corp (OTC:QNBC), recently acquired 286.2049 shares of the company’s common stock, valued at approximately $9,999. The regional bank, with a market capitalization of $130.5 million, has shown remarkable strength with a 54.8% return over the past year according to InvestingPro data. The shares were purchased at a price of $34.94 each, according to a recent SEC filing. Following this transaction, Mann’s total direct ownership of QNB Corp stands at 9,135.6165 shares. Notably, this total includes shares acquired through the company’s Dividend Reinvestment Plan, which has maintained consistent dividend payments for 29 consecutive years, currently yielding 4.3%. InvestingPro analysis indicates 6 additional key insights about QNBC’s performance and valuation metrics are available to subscribers.
In other recent news, QNB Corp. has commenced trading on the OTCQX Best Market, upgrading from the Pink market. This transition is considered a significant milestone for the company, enhancing its visibility and accessibility to investors. The OTCQX Best Market is known for its high financial standards and strict corporate governance requirements, making it a prestigious platform for established companies. David W. Freeman, President and CEO of QNB Corp., expressed optimism about this development, highlighting its potential to attract broader investor interest. As QNB Corp. approaches its 150-year anniversary, this move is expected to provide increased exposure and liquidity for the company. The transition aims to offer shareholders transparent trading and easier access to company information. This development is part of QNB Corp.’s strategy to enhance shareholder value and expand its investor base.
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