ACNB CORP 8-K

What Happened

• ACNB Corporation (ACNB) filed an 8‑K on April 29, 2026 announcing that its Board approved a regular quarterly cash dividend of $0.42 per share and a special cash dividend of $0.50 per share. Both dividends are payable June 15, 2026 to shareholders of record as of June 1, 2026.
• The Board also reported it has fully completed the share repurchase program authorized in June 2025 and approved a new open‑market repurchase plan to buy up to 310,000 shares (approximately 3.0% of outstanding common stock), which replaces prior repurchase plans.

Key Details

• Regular quarterly dividend: $0.42 per share (payable June 15, 2026; record date June 1, 2026).
• Special dividend: $0.50 per share (payable June 15, 2026; record date June 1, 2026).
• New repurchase authorization: up to 310,000 shares (~3.0% of outstanding), executed in open market; supersedes earlier plans.
• 8‑K filed April 29, 2026; press release attached as Exhibit 99.1.

Why It Matters

• These actions return cash directly to shareholders via both a recurring quarterly dividend and a one‑time special dividend, increasing near‑term cash yield for holders of ACNB stock.
• The new buyback program (open market, up to ~3% of shares) gives management latitude to reduce share count, which can support earnings per share and share price over time; it also signals the Board’s commitment to capital returns.
• Investors who want the upcoming dividends must be shareholders of record by June 1, 2026 to receive payment on June 15, 2026.