Pinnacle Bancshares, Inc. Approves New Plan To Buy Back Common Stock

JASPER, Ala.–(BUSINESS WIRE)–Pinnacle Bancshares, Inc. (OTCBB: PCLB) (the “Company”) today announced that its Board of Directors has approved a new stock repurchase plan that replaces the previous stock repurchase plan dated July 1, 2020, which no longer has shares authorized for repurchase. The new stock repurchase plan is equal to approximately 5% of total shares outstanding (45,477 shares). At February 28, 2024, the Company had total assets of approximately $339 million and total stockhold

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