Riverview Financial Corp. will offer 100,000 shares, at no par value, of authorized and previously unissued or treasury shares of the corporation's common stock under its dividend reinvestment plan.
The proposed maximum aggregate offering price is about $1.2 million, while the proposed maximum offering price per share is $11.59.
The dividend reinvestment plan allows shareholders to purchase additional shares of the company's common stock using cash dividends.
Shares may be purchased directly from Riverview Financial, on the open market, or in privately negotiated transactions. All purchases from the company will be made at market prices.
Riverview Financial's shares closed at $11.48 on Oct. 15.