CITY HOLDING CO Authorizes New 1M Share Buyback Program
Ticker: CHCO · Form: 8-K · Filed: Mar 26, 2026 · CIK: 0000726854
| Field | Detail |
|---|---|
| Company | City Holding Co (CHCO) |
| Form Type | 8-K |
| Filed Date | Mar 26, 2026 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $2.50, $0.87 |
| Sentiment | bullish |
Complexity: simple
Sentiment: bullish
Topics: share-repurchase, corporate-action, capital-allocation
TL;DR
**CHCO just approved a new 1 million share buyback, signaling confidence and potential stock upside.**
AI Summary
CITY HOLDING CO (CHCO) announced on March 25, 2026, that its Board of Directors authorized a new share repurchase program, allowing the company to buy back up to 1,000,000 shares of its common stock. This program replaces the previous one, which had approximately 200,000 shares remaining. This matters to investors because share repurchases can increase earnings per share and stock price by reducing the number of outstanding shares, signaling management's confidence in the company's valuation.
Why It Matters
A share repurchase program can boost shareholder value by reducing the number of outstanding shares, potentially increasing earnings per share and the stock price.
Risk Assessment
Risk Level: low — Share repurchase programs are generally seen as a positive for shareholders, indicating financial health and management's belief the stock is undervalued.
Analyst Insight
A smart investor would view this as a positive signal, potentially increasing their position or initiating one, as share buybacks often support stock prices and earnings per share.
Key Numbers
- 1,000,000 shares — New Share Repurchase Authorization (This is the maximum number of shares CITY HOLDING CO can buy back under the new program.)
- 200,000 shares — Remaining from Previous Program (This indicates the previous program was nearly exhausted, prompting the new authorization.)
Key Players & Entities
- CITY HOLDING CO (company) — the filer of the 8-K
- Board of Directors (person) — authorized the share repurchase program
- 1,000,000 shares (dollar_amount) — the maximum number of shares authorized for repurchase
- 200,000 shares (dollar_amount) — remaining under the previous repurchase program
- March 25, 2026 (dollar_amount) — the date the Board of Directors authorized the program
Forward-Looking Statements
- CITY HOLDING CO's stock price will see a positive reaction due to the new share repurchase program. (CITY HOLDING CO) — medium confidence, target: 2026-03-27
- The company will actively begin repurchasing shares under the new authorization. (CITY HOLDING CO) — high confidence, target: 2026-06-25
FAQ
What is the primary purpose of the 8-K filing by CITY HOLDING CO on March 26, 2026?
The primary purpose of the 8-K filing is to announce that CITY HOLDING CO's Board of Directors authorized a new share repurchase program for up to 1,000,000 shares of its common stock, replacing the prior program.
How many shares are authorized under the new share repurchase program for CITY HOLDING CO?
The new share repurchase program authorizes CITY HOLDING CO to repurchase up to 1,000,000 shares of its common stock.
When was the new share repurchase program authorized by CITY HOLDING CO's Board of Directors?
The new share repurchase program was authorized by CITY HOLDING CO's Board of Directors on March 25, 2026.
What was the status of the previous share repurchase program when the new one was authorized?
The previous share repurchase program had approximately 200,000 shares remaining when the new program was authorized.
Which item of the 8-K form is used to report this event?
This event is reported under Item 8.01: Other Events, as stated in the filing.
Filing Stats: 538 words · 2 min read · ~2 pages · Grade level 11.2 · Accepted 2026-03-26 11:02:26
Key Financial Figures
- $2.50 — hange on which registered Common Stock $2.50 Par Value CHCO NASDAQ Global Select Mar
- $0.87 — of the Company, declared a dividend of $0.87 per common share for shareholders of re
Filing Documents
- chco-20260325.htm (8-K) — 23KB
- chcopressreleasesharerepur.htm (EX-99.1) — 9KB
- chco-20260325_g1.jpg (GRAPHIC) — 28KB
- image_0.jpg (GRAPHIC) — 33KB
- 0000726854-26-000087.txt ( ) — 309KB
- chco-20260325.xsd (EX-101.SCH) — 2KB
- chco-20260325_def.xml (EX-101.DEF) — 16KB
- chco-20260325_lab.xml (EX-101.LAB) — 28KB
- chco-20260325_pre.xml (EX-101.PRE) — 17KB
- chco-20260325_htm.xml (XML) — 3KB
01 Other Events
Item 8.01 Other Events. On March 25, 2026, the Board of Directors of the Company, declared a dividend of $0.87 per common share for shareholders of record as of April 15, 2026 payable on April 30, 2026. In addition, on March 25, 2026 the Board of Directors of City Holding Company (the "Company") authorized the Company to buy back up to 1,000,000 of its common shares (the "Program") in open market transactions, in block trades or otherwise at prices that are accretive to the earnings per share of continuing shareholders. The Program, which has no time limit on the duration, permits management to commence or suspend purchases at any time or from time-to-time based upon market and business conditions and without prior notice. Furnished as Exhibit 99.1 and incorporated herein by reference is the news release issued by the Company announcing the approval of the stock repurchase program. Section 9 - Financial Statements and Exhibits
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (c) Exhibit 99.1 News Release issued March 25, 2026 – City Holding Company Announces Approval of Stock Repurchase Plan
Signatures
Signatures Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the Undersigned hereunto duly authorized. Dated: March 25, 2026 City Holding Company By: /s/ David L. Bumgarner David L. Bumgarner Executive Vice President & Chief Financial Officer -2-