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New Peoples Bankshares Announces Leadership Shift and Shareholder Returns
Company Announcements

New Peoples Bankshares Announces Leadership Shift and Shareholder Returns

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New Peoples Bankshares Inc (NWPP) has issued an announcement.

New Peoples Bankshares, Inc. announced significant leadership changes with C. Todd Asbury stepping down as President and CEO, to be succeeded by James W. Kiser on March 31, 2024. Asbury will transition to a senior advisor role while remaining on the board until 2025. Additionally, the company declared a dividend of $0.07 per share payable on March 29, and has authorized a share repurchase program of up to 500,000 shares through March 31, 2025.

For an in-depth examination of NWPP stock, go to TipRanks’ Stock Analysis page.

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