Peoples Financial announces $1M stock repurchase program, effective immediately, up to 5 months

PEOPLES FINANCIAL CORP /MS/

Board approved repurchase of up to $1,000,000 of outstanding common stock.
Program effective July 31, 2023; shares will be retired upon repurchase.
Repurchases on open market or via private transactions; no obligation to buy any specific amount.
Program expected to last up to five months or until fully utilized; may be extended or discontinued.
Company had 4,678,186 shares outstanding and $896M total assets as of June 30, 2023.

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