Southern First Bancshares authorizes $10M share repurchase plan

SOUTHERN FIRST BANCSHARES INC

Board authorized repurchase of up to $10.0M of common stock, approximately 2% of outstanding shares.
Repurchases may occur via open market or privately negotiated transactions at management's discretion.
Plan may be discontinued, suspended, or restarted anytime; purchases after Aug 23, 2027 need Board and Federal Reserve approval.
Company is not obligated to repurchase any shares under the plan.

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