$MPB

Raymond James Initiates Mid Penn Bancorp at Outperform With $38 Price Target

Mid Penn Bancorp Adds Capacity of Up to $50 Million to Treasury Stock Repurchase Program

Mid Penn Bancorp (MPB) said Wednesday it is reauthorizing and expanding its treasury stock repurchase program, which now accommodates up to an additional $50 million in repurchase capacity.On Tuesday, the bank's board approved the renewal of the treasury stock repurchase program through April 30, 2027, as well as an increase in the number of shares available for future repurchases, according to the company.The repurchase program may be modified, suspended or terminated at any time, without notice, the company added.Price: $33.90, Change: $+0.47, Percent Change: +1.41%