FVCBankcorp renews share repurchase program for up to 1.3M shares (8% of outstanding)

FVCBankcorp, Inc.

Board authorized repurchase of up to 1,300,000 common shares (~8% of outstanding at Dec 31, 2022).
Program expires on March 31, 2024; repurchases at management's discretion based on market conditions.
Under prior program, ~138,000 shares were repurchased at an average price of $14.16.
Repurchased shares will be cancelled and revert to authorized but unissued shares.
Repurchases may be made via open market, block trades, or privately negotiated transactions.

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