---
schema_version: "secwatch.filing_event.v1"
accession: "0001747068-23-000069"
form_type: "8-K"
ticker: "MCBS"
cik: "0001747068"
company_name: "MetroCity Bankshares, Inc."
filed_at: "2023-09-05T23:59:59+00:00"
generated_at: "2026-06-11T00:04:05.405633+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# MetroCity Bankshares authorizes up to 1M share repurchase program starting Sept 6, 2023

## Summary
- 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.

## SEC filing metadata
- accession: 0001747068-23-000069
- form_type: 8-K
- ticker: MCBS
- cik: 0001747068
- company_name: MetroCity Bankshares, Inc.
- filed_at: 2023-09-05T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1747068/000174706823000069/0001747068-23-000069-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1747068/000174706823000069/mcbs-20230905x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001747068-23-000069
- JSON: https://secwatch.observer/filing/0001747068-23-000069.json
- Plain text: https://secwatch.observer/filing/0001747068-23-000069.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.