secwatch.observer — SEC 8-K summary
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Issuer:     MetroCity Bankshares, Inc. (MCBS)
CIK:        0001747068
Form:       8-K
Filed at:   2023-09-05T23:59:59+00:00
Accession:  0001747068-23-000069
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1747068/000174706823000069/0001747068-23-000069-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1747068/000174706823000069/mcbs-20230905x8k.htm
  HTML page:      https://secwatch.observer/filing/0001747068-23-000069

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