Bank Of South Carolina Corporation Authorizes Stock Repurchase Program Of Up To $2M Of The Co's Outstanding Stock From Time To Time Through May 2026
Portfolio Pulse from Happy Mohamed
Bank of South Carolina Corporation (NASDAQ:BKSC) has authorized a new stock repurchase program of up to $2 million through May 2026, replacing the previous program that expired in March 2021. The repurchases may be open market or private purchases, negotiated transactions, or block purchases.
May 25, 2023 | 3:13 pm
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Bank of South Carolina Corporation (BKSC) has authorized a new stock repurchase program of up to $2 million through May 2026, which may create value for shareholders.
The new stock repurchase program indicates the company's strong capital position and its commitment to creating value for shareholders. This may lead to a positive short-term impact on the stock price as investors may view this as a sign of confidence in the company's future prospects.
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