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PSB Holdings renews buyback plan

The board of PSB Holdings Inc. has renewed the Wausau, Wis.-based company's regular quarterly stock repurchase program. Under the plan, PSB may buy back up to 10,000 common shares in the quarter ending March 31, 2018.

Year-to-date, through Dec. 19, PSB has repurchased 21,006 common shares under the program, at an average cost of $65.44 per share. PSB President Scott Cattanach noted that the board may eventually decide against repurchases or dividends in favor of asset acquisitions or branching, which it also "actively" considers.