secwatch.observer — SEC 8-K summary
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Issuer:     MetroCity Bankshares, Inc. (MCBS)
CIK:        0001747068
Form:       8-K
Filed at:   2025-09-17T23:59:59+00:00
Accession:  0001747068-25-000053
Event type: other_material
Sentiment:  positive
Materiality: 0.50
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

MetroCity Bankshares extends share repurchase program; authorizes up to 923,976 shares
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- Board approved continuation of share repurchase program from Oct 1, 2025 to Sep 30, 2026.
- Authorized up to 923,976 shares of common stock repurchase under the program.
- Repurchases may be made in open market or private transactions under Rule 10b-18 and 10b5-1 plans.
- Program can be modified, suspended, or discontinued at any time; no obligation to purchase.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1747068/000174706825000053/0001747068-25-000053-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1747068/000174706825000053/mcbs-20250917x8k.htm
  HTML page:      https://secwatch.observer/filing/0001747068-25-000053

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