CITY HOLDING CO 8-K

What Happened

• On March 25, 2026, City Holding Company’s Board of Directors declared a quarterly dividend of $0.87 per common share for shareholders of record as of April 15, 2026, payable April 30, 2026.
• The Board also authorized a stock repurchase program to buy back up to 1,000,000 common shares in the open market, in block trades or otherwise, with no set time limit; purchases may be started, suspended or stopped at management’s discretion. The company noted repurchases will be made at prices accretive to continuing shareholders’ earnings per share.

Key Details

• Dividend: $0.87 per common share; record date April 15, 2026; payable April 30, 2026.
• Repurchase Authorization: up to 1,000,000 common shares; no expiration date on the program.
• Purchase Flexibility: management may commence or suspend buys at any time based on market and business conditions.
• Filing: Announced in an 8-K dated March 25, 2026; related news release furnished as Exhibit 99.1.

Why It Matters

• The dividend provides a direct cash return to shareholders and confirms the Board’s current capital-distribution policy.
• The buyback authorization gives the company flexibility to reduce share count, which can increase earnings per share for remaining shareholders when buys are accretive; however, the program is open-ended and discretionary, not a firm commitment to purchase a specific amount or on a set schedule.
• Investors should watch actual repurchase activity and cash use (dividends vs. buybacks) for indications of the company’s capital allocation priorities and potential impact on per-share metrics.