other material
confidence high
sentiment positive
materiality 0.60
FVCBankcorp renews share repurchase program for up to 1,080,860 shares (8% of outstanding)
FVCBankcorp, Inc.
- Board renewed program, authorizing repurchase of up to 1,080,860 shares (~8% of shares outstanding at Dec 31, 2021).
- Program expires March 31, 2023, subject to earlier termination by the Board.
- Repurchases may be made via open market, block trades, or private transactions; no obligation to repurchase.
- Repurchased shares will be cancelled and revert to authorized but unissued status.