other material
confidence high
sentiment positive
materiality 0.60
Colony Bankcorp extends stock buyback program through 2025; $9.75M remains available
COLONY BANKCORP INC
- Board authorized extension of $12M buyback program through end of 2025 on Dec. 18, 2024.
- Prior extension in March 2024 had set expiration at end of 2024.
- Since program inception in 2022, 171,481 shares repurchased for ~$2.25M.
- Remaining authorized repurchase capacity of $9.75M as of filing date.
- Repurchases may be made via open market or private transactions; program can be suspended anytime.