Southern First Bancshares authorizes repurchase of up to 399,026 shares (~5% of common stock)

SOUTHERN FIRST BANCSHARES INC

Board authorized repurchase of up to 399,026 shares, representing ~5% of outstanding common stock.
Repurchases may be made through open market or privately negotiated transactions at management's discretion.
Plan may be suspended or discontinued at any time; no obligation to repurchase any shares.
Repurchases after Dec 31, 2022 require additional Board and Federal Reserve approval.

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