South Plains Financial Announces $10 Million Stock Repurchase Program

SOUTH PLAINS FINANCIAL, INC.

Board approved a new stock repurchase program for up to $10.0 million of common stock on February 18, 2026.
Program will conclude on February 23, 2027, unless extended or terminated earlier by the Board.
Repurchases may occur through open market purchases or privately negotiated transactions.
Company may suspend or terminate repurchases at any time without prior notice.

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