other material
confidence high
sentiment positive
materiality 0.45
CCBG board approves new 750k-share repurchase program, 4.4% of outstanding
CAPITAL CITY BANK GROUP INC
- New program authorizes repurchase of up to 750,000 shares of common stock, effective February 1, 2024.
- Authorization represents approximately 4.4% of the 16,990,240 shares outstanding.
- Program expires on February 1, 2029; existing program was terminated.
- Shares may be repurchased in open market or private transactions as conditions warrant.
- No obligation to repurchase any specified number of shares.