secwatch.observer — SEC 8-K summary
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Issuer:     FIRST COMMUNITY CORP /SC/ (FCCO)
CIK:        0000932781
Form:       8-K
Filed at:   2024-05-14T23:59:59+00:00
Accession:  0001552781-24-000327
Event type: other_material
Sentiment:  positive
Materiality: 0.50
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

First Community Corp authorizes up to $7.1M share repurchase plan (5.3% of equity)
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/932781/000155278124000327/0001552781-24-000327-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/932781/000155278124000327/e24250_fcco-8k.htm
  HTML page:      https://secwatch.observer/filing/0001552781-24-000327

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