Company: PFIS
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001558370-25-011043
Chunk: 6

Company: PEOPLES FINANCIAL SERVICES CORP.
Filing Date: 2025-08-11
Form: 10-Q
Item: Part II, Item 1L
Chunk 6
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Item 1. Legal Proceedings. 

The nature of the Company’s business generates a certain amount of litigation involving matters arising out of the ordinary course of business. In the opinion of management, there were no legal proceedings that had or might have a material effect on the consolidated results of operations, liquidity, or the financial position of the Company during the six months ended June 30, 2025 and through the date of this quarterly report on Form 10-Q. 

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Item 1A. Risk Factors.

Our Annual Report on Form 10-K for the year ended December 31, 2024 (2024 Form 10-K) describes market, credit, and business operations risk factors that could affect our business, results of operations or financial condition. There have been no material changes from the risk factors as previously disclosed in our 2024 Form 10-K.

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Item 2. Unregistered Sales of Equity Securities and Use of Proceeds. 

The following purchases were made by or on behalf of the Company or any “affiliated purchaser,” as defined in the Exchange Act Rule 10b-18(a)(3), of the Company’s common stock during each of the months in the quarter ended June 30, 2025.

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​​​​​​​​​​​​​​​​​​​​Maximum number​​    ​​​        Total number of    (or approximate dollar value) ​​​​​​​shares purchased​of shares that may ​​​​​​​as part of publicly​yet be purchased ​​Total number of​​Average price​announced plans or​under the plans or Period    shares purchased    ​paid per share    programs    programs April 1 - April 30​​​$​​​​​​May 1 - May 31​ 787​​50.55​​​​​June 1 - June 30​​​​​​​​​​Total​ 787​$50.55​​​​​

During the three months ended June 30, 2025 and through the date of this report, the Company did not have any publicly announced share repurchase plans or programs. All of the purchases noted in the table above reflect shares delivered by