First Bancorp implements $40M stock repurchase program on August 9, 2024

FIRST BANCORP /NC/

First Bancorp begins $40M common stock buyback; program authorized by board on Jan 30, 2024.
Repurchases allowed via open market or private deals under Rule 10b-18 pricing and volume rules.
Company not obligated to buy any specific amount; program may be suspended or discontinued any time.

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