 WILLIAMSPORT, Pa., April 13, 2021 GLOBE NEWSWIRE -- Richard A. Grafmyre, CEO of Penns Woods Bancorp, Inc., NASDAQ: PWOD Company has announced that the Companys Board of Directors has authorized the repurchase of up to 5 of the outstanding shares of the Company. The repurchase plan is for a one-year period ending April 30, 2022 and allows for the repurchase of up to 353,000 shares. The repurchase plan replaces the Companys existing repurchase plan, which expires on April 30, 2021. 