Fifth District Bancorp authorizes repurchase of up to 555,947 shares (10% of outstanding)

Fifth District Bancorp, Inc.

Authorized repurchase of up to 555,947 shares of common stock, equal to 10% of shares outstanding.
Repurchases to be executed on the open market, possibly via a Rule 10b5-1 trading plan.
Company may suspend or discontinue the program at any time without prior notice.
Program does not commit to repurchase any specific number of shares.

item 8.01item 9.01

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