other material
confidence high
sentiment positive
materiality 0.50
First Community Corp approves $7.5M share repurchase plan (5% of equity)
FIRST COMMUNITY CORP /SC/
- Board authorized up to $7.5 million in stock repurchases, about 5% of total shareholders' equity as of March 31, 2025.
- Repurchases may occur through May 8, 2026 via open market or private negotiations.
- Management will determine timing, quantity, and price based on market conditions and other factors.
- Plan may be suspended, discontinued, or restarted at any time before expiration.