secwatch.observer — SEC 8-K summary
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Issuer:     MetroCity Bankshares, Inc. (MCBS)
CIK:        0001747068
Form:       8-K
Filed at:   2024-10-16T23:59:59+00:00
Accession:  0001747068-24-000068
Event type: dividend
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MetroCity Bankshares declares $0.23 quarterly dividend, authorizes repurchase of up to 925,250 shares
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- Quarterly cash dividend of $0.23 per share declared, payable Nov 8, 2024 to holders of record Oct 30, 2024.
- Board authorized continuation of share repurchase program for up to 925,250 shares from Oct 17, 2024 to Sep 30, 2025.
- Repurchases may be made in open market or private transactions at management's discretion.
- Program may be modified, suspended, or discontinued at any time without obligation to purchase shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1747068/000174706824000068/0001747068-24-000068-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1747068/000174706824000068/mcbs-20241016x8k.htm
  HTML page:      https://secwatch.observer/filing/0001747068-24-000068

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