City Holding Company Declares Dividend and Approves Major Stock Repurchase Program

Key Developments Announced in Latest SEC Filing

Charleston, WV – March 25, 2026 – City Holding Company (NASDAQ: CHCO), the parent of City National Bank of West Virginia, has announced two significant corporate actions that shareholders and market participants should be aware of:

1. Dividend Declaration

• Dividend Amount: \$0.87 per common share
• Record Date: April 15, 2026
• Payment Date: April 30, 2026
• This dividend continues City Holding Company’s history of returning value to shareholders and underscores the company’s confidence in its financial performance and capital position.

2. Authorization of a Significant Stock Repurchase Program

• Repurchase Authorization: Up to 1,000,000 common shares
• Method: Shares may be purchased in open market transactions, block trades, or otherwise.
• Pricing Condition: Management is instructed to buy back shares at prices that are accretive to the earnings per share (EPS) of continuing shareholders.
• Program Duration: The repurchase program has no fixed time limit. Management may commence or suspend purchases at its discretion, based on market and business conditions, without prior notice.
• Potential Impact: This represents a material share repurchase, given the company’s historical average daily trading volume and total shares outstanding. Such a move can support the share price, signal management’s confidence in the company’s valuation, and boost key per-share metrics like EPS and return on equity (ROE).

What Shareholders Need to Know

• Share Price Sensitivity: Both the dividend and buyback announcements are typically viewed positively by the market. The buyback, in particular, could create upward pressure on the share price, especially if management is active in the market or if investors anticipate tighter future share supply.
• Earnings Impact: Buybacks at accretive prices should improve EPS for remaining shareholders.
• Strategic Flexibility: Management retains flexibility to adjust the pace or scale of repurchases in response to market or business conditions, and there is no obligation to complete the full amount authorized.

About City Holding Company

City Holding Company is the parent of City National Bank of West Virginia, which operates 96 branches across West Virginia, Kentucky, Virginia, and eastern Ohio. The company is a prominent player in the regional banking sector, and its capital management decisions are closely watched by investors.

Forward-Looking Statements

The company’s news release includes forward-looking statements subject to various risks and uncertainties. Actual outcomes may differ due to factors such as economic conditions, credit risk, regulatory changes, competition, technological developments, and other risks described in the company’s latest SEC filings.

Disclaimer: The information provided in this article is for informational purposes only and does not constitute investment advice. Investors should review the original filings and consult with their financial advisors before making investment decisions. The author and publisher do not assume any liability for actions taken based on the information contained herein.

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