secwatch.observer — SEC 8-K summary
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Issuer:     Magnolia Bancorp, Inc. (MGNO)
CIK:        0002033615
Form:       8-K
Filed at:   2025-12-09T23:59:59+00:00
Accession:  0000927089-25-000215
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud

Magnolia Bancorp announces first stock repurchase program of up to 33,350 shares
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- Board approved repurchase of up to 33,350 shares (4.0% of outstanding) starting Jan 15, 2026.
- Repurchases to fund 2025 Recognition and Retention Plan; plan awards of 16,280 shares granted Nov 20, 2025.
- Company entered Rule 10b5-1 plan with Keefe, Bruyette & Woods on Dec 8, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2033615/000092708925000215/0000927089-25-000215-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2033615/000092708925000215/mban20251208_8k.htm
  HTML page:      https://secwatch.observer/filing/0000927089-25-000215

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