other material
confidence high
sentiment neutral
materiality 0.40
Security Federal Corp expands stock repurchase authorization by 100,000 shares
SECURITY FEDERAL CORP
- Board authorized an additional 100,000 shares for repurchase; total program now 135,276 shares (including 35,276 remaining from prior).
- Repurchases will be made at management's discretion based on market conditions, stock price, and alternative uses of capital.
- No guarantee as to exact number of shares repurchased; program may be suspended or modified at any time.