Southern States Bancshares, Inc. Announces Renewal of $10.0 Million Stock Repurchase Program

December 20, 2023

https://www.globenewswire.com/news-release/2023/12/20/2799641/0/en/Southern-States-Bancshares-Inc-Announces-Renewal-of-10-0-Million-Stock-Repurchase-Program.html

ANNISTON, Ala., Dec. 20, 2023 (GLOBE NEWSWIRE) — Southern States Bancshares, Inc. (NASDAQ:SSBK) (“Southern States” or the “Company”), the holding company for Southern States Bank, an Alabama state-chartered commercial bank (the “Bank”), today announced that its Board of Directors has approved the renewal of the Company’s $10.0 million stock repurchase program, which currently expires on December 31, 2023. The renewed stock repurchase program (the “Program”) authorizes the Company to repurchase up to $10.0 million of its common stock from January 1, 2024 through December 31, 2024.

Read more at globenewswire.com

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