Southern First Bancshares authorizes up to $5M share repurchase (approx. 2% of common stock)

SOUTHERN FIRST BANCSHARES INC

Board authorized repurchase of up to $5 million in common stock, representing about 2% of outstanding shares.
Repurchases may occur via open market or private transactions, subject to market conditions and management discretion.
Program can be suspended or discontinued anytime; repurchases after March 22, 2026 require additional board and Fed approval.
Company is not obligated to repurchase any shares under the plan; flexibility preserved.

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