Item 8.01 Other Events.
On
Under the Plan, the Broker is authorized to purchase common shares on behalf of LCNB through open market transactions in accordance with Rule 10b-18 and Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. The Plan, in compliance with Rule 10b5-1, would permit common shares to be repurchased at times that the Company might otherwise be precluded from doing so under insider trading laws or self-imposed trading restrictions. The Plan is administered by the Broker and is subject to price, market volume and timing restrictions.
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