South Plains Financial approves $15M stock repurchase program

SOUTH PLAINS FINANCIAL, INC.

Board approved new repurchase program for up to $15 million of common stock.
Existing program has ~$1.6 million remaining; new program starts after its depletion.
Program expires May 21, 2023, subject to extension or termination by the Board.
Repurchases permitted via open market or private transactions under Rule 10b-18 and 10b5-1.

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