other material
confidence high
sentiment positive
materiality 0.60
First Community Bankshares authorizes new 2.7M share repurchase plan through 2026
FIRST COMMUNITY BANKSHARES INC /VA/
- Board approved repurchase of up to 2.7M shares of common stock, effective Sept 27, 2023 through Dec 31, 2026.
- Prior repurchase plan adopted Jan 26, 2021 terminated; that plan would have expired Dec 31, 2023.
- Repurchases may be made via open market, privately negotiated transactions, or trading plans, subject to market conditions and regulatory requirements.
- Company is not obligated to purchase any specific number of shares; plan may be suspended or terminated at any time.