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Fifth District Bancorp (Nasdaq: FDSB) has announced a new stock repurchase program authorizing the buyback of up to 555,947 shares of its common stock, representing 10% of currently outstanding shares.
The repurchases will be conducted on the open market, including through an SEC Rule 10b5-1 trading plan. The company maintains flexibility to suspend or discontinue the program based on market conditions and other factors.
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