other material
confidence high
sentiment neutral
materiality 0.55
MetroCity Bankshares authorizes up to 1M share repurchase program starting Sept 6, 2023
MetroCity Bankshares, Inc.
- Board approved repurchase of up to 1,000,000 common shares under a new program effective Sept 6, 2023 through Sept 30, 2024.
- Repurchases may be made in open market or private transactions, including under Rule 10b5-1 plans at management's discretion.
- Program may be suspended, modified, or discontinued at any time; no obligation to purchase any specific number of shares.