Southern First Bancshares authorizes USD 10 million share buyback program

Reuters2026/08/28 10:02

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Southern First Bancshares authorized a common-stock buyback of up to USD 10 million, about 2% of shares outstanding.
Repurchases may occur from time to time in the open market or in privately negotiated transactions.
Management will set timing, volumes, and prices based on market conditions, stock price, equity-plan issuance, and regulatory constraints.
The program can be suspended or ended at any time; buybacks after Aug. 23, 2027 require new board approval.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Southern First Bancshares Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001206774-26-000469), on August 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Southern First Bancshares authorizes USD 10 million share buyback program

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