---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-024121"
form_type: "8-K"
ticker: "BKSC"
cik: "0001007273"
company_name: "BANK OF SOUTH CAROLINA CORP"
filed_at: "2023-05-25T23:59:59+00:00"
generated_at: "2026-06-14T13:58:56.513835+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Bank of South Carolina authorizes $2M share repurchase program through May 2026

## Summary
- New program authorizes repurchase of up to $2.0 million of common stock through May 2026.
- Replaces prior $1.0 million program that expired March 2021 with $401,710.55 purchased.
- Repurchases may be open market or private transactions; no obligation to buy any shares.
- CEO Hassell says program provides flexibility to create shareholder value alongside dividends.

## SEC filing metadata
- accession: 0000950170-23-024121
- form_type: 8-K
- ticker: BKSC
- cik: 0001007273
- company_name: BANK OF SOUTH CAROLINA CORP
- filed_at: 2023-05-25T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1007273/000095017023024121/0000950170-23-024121-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1007273/000095017023024121/bksc-20230525.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-024121
- JSON: https://secwatch.observer/filing/0000950170-23-024121.json
- Plain text: https://secwatch.observer/filing/0000950170-23-024121.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.