secwatch.observer — SEC 8-K summary
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Issuer:     SECURITY FEDERAL CORP (SFDL)
CIK:        0000818677
Form:       8-K
Filed at:   2024-08-19T23:59:59+00:00
Accession:  0001437749-24-027157
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Security Federal Corp expands stock repurchase authorization by 100,000 shares
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/818677/000143774924027157/0001437749-24-027157-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/818677/000143774924027157/sfdl20240813_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-027157

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer