secwatch.observer — SEC 8-K summary
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Issuer:     FIRST COMMUNITY CORP /SC/ (FCCO)
CIK:        0000932781
Form:       8-K
Filed at:   2025-05-09T23:59:59+00:00
Accession:  0001552781-25-000172
Event type: other_material
Sentiment:  positive
Materiality: 0.50
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

First Community Corp approves $7.5M share repurchase plan (5% of equity)
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/932781/000155278125000172/0001552781-25-000172-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/932781/000155278125000172/e25197_fcco-8k.htm
  HTML page:      https://secwatch.observer/filing/0001552781-25-000172

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