Southern First Bancshares authorizes USD 10 million share buyback program - SFST News | RalliesSouthern First Bancshares authorizes USD 10 million share buyback program
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SFST• Board authorizes up to USD 10 million buyback
- Southern First Bancshares authorized a common-stock buyback of up to USD 10 million, about 2% of shares outstanding.
- Repurchases may occur from time to time in the open market or in privately negotiated transactions.
- Management will set timing, volumes, and prices based on market conditions, stock price, equity-plan issuance, and regulatory constraints.
- The program can be suspended or ended at any time; buybacks after Aug. 23, 2027 require new board approval.
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