secwatch.observer — SEC 8-K summary
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Issuer:     PEOPLES BANCORP OF NORTH CAROLINA INC (PEBK)
CIK:        0001093672
Form:       8-K
Filed at:   2023-05-22T23:59:59+00:00
Accession:  0001654954-23-006970
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1093672/000165495423006970/0001654954-23-006970-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1093672/000165495423006970/pebk_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-23-006970

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