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What is the DSA?

April 26, 2017DSA

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What is the DSA?

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The DSA is the Disposition of Stock Agreement among the company, all of its stock holders and the trustees under its retirement savings plan and employee stock ownership plan. It governs how stock is repurchased from shareholders, the procedures for payment, how stock is valued, and other issues related to the sale and repurchase of stock. When you acquire PB stock, you agree to be bound by the provisions of the DSA.