other material
confidence high
sentiment positive
materiality 0.50
First Community Corp authorizes up to $7.1M share repurchase plan (5.3% of equity)
FIRST COMMUNITY CORP /SC/
- Board approved repurchase of up to $7.1M of common stock, ~5.3% of shareholders' equity as of March 31, 2024.
- Repurchases may occur through open market or private transactions through May 13, 2025.
- Management has discretion over timing, price, and volume; plan may be suspended or discontinued at any time.
- Company is not obligated to repurchase any shares under the plan.