South Atlantic Bancshares, Inc. Announces Authorization of Stock Repurchase Program
MYRTLE BEACH, S.C., May 20, 2024 /PRNewswire/ — South Atlantic Bancshares, Inc. (“South Atlantic” or the “Company”) (OTCQX: SABK), parent of South Atlantic Bank (the “Bank”), today announced that the board of directors of the Company (the “Board”) has authorized a stock repurchase program for up to 380,341 of the outstanding shares of the Company’s common stock, equal to approximately $4.4 million as of the date of this press release.
Related news for (SABK)
- South Atlantic Bancshares, Inc. Reports Earnings of $0.48 per Diluted Common Share for the Three Months Ended June 30, 2025
- South Atlantic Bancshares, Inc. Announces Authorization of New Stock Repurchase Program
- South Atlantic Bancshares, Inc. Reports Earnings of $0.43 per Diluted Common Share for the Quarter Ended March 31, 2025
- South Atlantic Bancshares, Inc. Declares Cash Dividend
- South Atlantic Bancshares, Inc. Reports Earnings of $1.31 per Diluted Common Share for the Year Ended December 31, 2024