Colony Bankcorp (CBAN) extends share repurchase plan with $7.39M capacity

Rhea-AI Filing Summary

Colony Bankcorp, Inc. is extending its stock buyback program, originally approved in October 2022, through the end of 2026. The program authorizes repurchases of up to $12 million of its outstanding common stock, using methods such as open market purchases and privately negotiated transactions, subject to applicable laws and regulations. The company emphasizes that the timing and number of shares repurchased will depend on factors like share price, regulatory and corporate requirements, market conditions and liquidity priorities, and it is not obligated to repurchase any specific amount. Since the start of the program in 2022, Colony Bankcorp has bought back 318,778 shares for a total of $4,613,000, leaving $7,387,000 available for future repurchases as of this report.

Insights

Bank capital allocation analyst

Colony Bankcorp extends a $12M share repurchase program with $7.39M remaining.

Colony Bankcorp, Inc. has extended its common stock buyback program, first approved in October 2022, so it now runs through the end of 2026. The program allows repurchases of up to $12,000,000 of outstanding common stock via open market and privately negotiated transactions, within legal and regulatory limits.

The company reports that, since the program began, it has repurchased 318,778 shares for a total of $4,613,000. This leaves $7,387,000 authorized for additional repurchases as of this report, but the board can suspend, modify, or terminate the program at any time and there is no commitment to buy a specific number of shares.

The actual impact on shareholders will depend on future execution, which the company states will be influenced by share price, regulatory and corporate requirements, market conditions, and liquidity priorities over the remaining life of the program through 2026.

8-K Event Classification

Item 8.01 — Other Events

1 item

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Understanding 8-K Material Events →

0000711669FALSE00007116692025-12-222025-12-22

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): December 22, 2025

COLONY BANKCORP, INC.

(Exact name of registrant as specified in its charter)

Georgia			001-42397			58-1492391
(State or other jurisdiction of incorporation)			(Commission File Number)			(IRS Employer Identification No.)

115 South Grant Street, Fitzgerald, Georgia 31750

(Address of principal executive offices) (Zip Code)

(229) 426-6000

(Registrant's telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

			☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
			☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
			☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
			☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each Class			Trading Symbol(s)			Name of each exchange on which registered
Common stock, par value $1.00 per share			CBAN			The New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01 Other Events

On December 18, 2025, the Board of Directors of the Company authorized the extension of the stock buyback program approved in October 2022, under which the Company may repurchase up to $12 million of its outstanding common stock. Repurchases under this program may be made from time to time through open market purchases, privately negotiated transactions or such other manners as will comply with applicable laws and regulations. The timing and actual number of shares repurchased will depend on a variety of factors including price, corporate and regulatory requirements, market conditions and other corporate liquidity requirements and priorities. The buyback program does not obligate the Company to purchase any particular number of shares and there is no guarantee as to the exact number of shares that will be repurchased by the Company. An extension was previously authorized by the Board in December 2024 which extended the program through the end of 2025. This authorization extends the program until the end of 2026 but may be suspended, modified or terminated by the Company at any time and for any reason, without prior notice. The Company has repurchased a total of 318,778 shares for a total of $4,613,000 since the start of the program in 2022, leaving $7,387,000 available to repurchase as of the date of this filing.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

			COLONY BANKCORP, INC.
Date: December 22, 2025			By:			/s/ T. Heath Fountain
						T. Heath Fountain
						Chief Executive Officer

FAQ

What did Colony Bankcorp (CBAN) announce regarding its stock buyback program?

Colony Bankcorp's board authorized an extension of its stock buyback program, allowing the company to continue repurchasing its common stock through the end of 2026 under the terms previously approved.

How large is Colony Bankcorp's authorized share repurchase program?

The stock buyback program authorizes Colony Bankcorp to repurchase up to $12 million of its outstanding common stock, using open market purchases, privately negotiated transactions, or other methods compliant with applicable laws.

How much stock has Colony Bankcorp (CBAN) repurchased so far under the program?

Since the start of the program in 2022, Colony Bankcorp has repurchased 318,778 shares of its common stock for a total of $4,613,000.

How much capacity remains under Colony Bankcorp's buyback authorization?

As of this report, Colony Bankcorp has $7,387,000 remaining under its stock buyback authorization for future repurchases.

Until when will Colony Bankcorp's stock repurchase program be in effect?

The most recent board action extends Colony Bankcorp's stock repurchase program until the end of 2026, although it may be suspended, modified, or terminated at any time without prior notice.

Is Colony Bankcorp required to repurchase a specific number of shares?

No. The company states that the buyback program does not obligate it to purchase any particular number of shares, and the actual amount repurchased will depend on factors such as price, regulatory and corporate requirements, market conditions, and liquidity priorities.