Southern First Bancshares authorizes up to $10.0 million stock repurchase plan
Southern First Bancshares' Board authorized a share repurchase plan of up to $10.0 million of common stock, roughly 2% of the company's shares. The company may buy back shares through open market and privately negotiated transactions, with timing and amounts at management's discretion, and the company is not obligated to repurchase any shares.
Key points
- Authorized repurchase of up to $10.0 million of common stock, or approximately 2%
- Purchases may be made in open market and privately negotiated transactions, at management's discretion
- Repurchases after August 23, 2027 would require additional Board and Federal Reserve approval
- Plan may be discontinued, suspended or restarted at any time
The filing
Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 27, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.