First United Corp adopts stock repurchase program for up to 15.4% of outstanding shares

FIRST UNITED CORP/MD/

Authorizes purchase of up to 1,000,000 common shares (~15.4% of outstanding) over 18 months starting Jan 26, 2026.
Repurchases may be made in open market or private transactions at management's discretion, subject to securities laws.
No obligation to purchase any shares; actual purchases depend on market conditions, price, and capital needs.
Program effective January 26, 2026; President and CEO authorized to execute purchases.

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