secwatch.observer — SEC 8-K summary
======================================

Issuer:     COLONY BANKCORP INC (CBAN)
CIK:        0000711669
Form:       8-K
Filed at:   2024-12-20T23:59:59+00:00
Accession:  0000711669-24-000134
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Colony Bankcorp extends stock buyback program through 2025; $9.75M remains available
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/711669/000071166924000134/0000711669-24-000134-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/711669/000071166924000134/cban-20241220.htm
  HTML page:      https://secwatch.observer/filing/0000711669-24-000134

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer