South Plains Financial announces $10M stock repurchase program through Feb 2025

SOUTH PLAINS FINANCIAL, INC.

Board approved repurchase of up to $10.0 million of common stock.
Program expires February 21, 2025, subject to earlier termination or full use.
CEO Griffith says shares trade below intrinsic value; buyback is most compelling use of capital.
Repurchases may occur via open market or private transactions under Rule 10b-18 and 10b5-1 plans.
Company retains discretion to begin, suspend, or end repurchases at any time without prior notice.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.