STOCK TITAN

Texas Community Bancshares, Inc. Adopts Stock Repurchase Program

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
buyback

MINEOLA, Texas, May 16, 2023 /PRNewswire/ -- Texas Community Bancshares, Inc. (the "Company") (NASDAQ: TCBS), the holding company of Mineola Community Bank, S.S.B., announced that its Board of Directors has adopted a stock repurchase program that will allow the Company to repurchase up to 164,842 shares of its outstanding common stock. This number equals approximately 5.0% of shares currently outstanding.

The Company intends to conduct any repurchases through open market purchases, including by means of a trading plan adopted under SEC Rule 10b5-1, or in privately negotiated transactions, subject to market conditions and other factors. There is no guarantee as to the exact number of shares that the Company may repurchase.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/texas-community-bancshares-inc-adopts-stock-repurchase-program-301826397.html

SOURCE Texas Community Bancshares, Inc.

Texas Community Bancshares, Inc.

NASDAQ:TCBS

TCBS Rankings

TCBS Latest News

TCBS Stock Data

46.71M
3.16M
29.98%
8.02%
0.04%
Banks - Regional
Savings Institutions, Not Federally Chartered
Link
United States of America
MINEOLA