Peoples Bancorp authorizes $2M stock buyback and declares $0.18 Q1 dividend

PEOPLES BANCORP OF NORTH CAROLINA INC

Board authorized up to $2M to repurchase common stock; purchases may be open market or private.
Company had $1.6B assets and $142.4M equity as of Dec 31, 2021.
Q1 2022 cash dividend of $0.18 per share, payable March 15 to holders of record March 3.
CEO cites strong balance sheet and capital position as reasons for buyback authorization.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.