Peoples Bancorp of NC discloses $2M stock repurchase program; $224K repurchased as of May 19

PEOPLES BANCORP OF NORTH CAROLINA INC

Board authorized $2.0M stock repurchase program in March 2023.
As of May 19, 2023, repurchased $224,000 (11,400 shares) of common stock.
Purchases may be made in open market or private transactions; timing based on market conditions.
Program may be suspended at any time without prior notice.

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