First US Bancshares, Inc. Buyback
OLI recorded this information on 11/15/2023
Company:
First US Bancshares, Inc.
Buyback:
FUSB buyback
Share Amount Authorized:
596,813
Buyback Details:
First US Bancshares, Inc. (Nasdaq: FUSB) (the "Company"), a Delaware corporation based in Birmingham, Alabama, announced today that its Board of Directors has extended the Company's existing share repurchase program. The share repurchase program, which was previously set to expire on December 31, 2023, has been extended to expire on December 31, 2024. The Company has repurchased 1,045,972 shares of its common stock to date under the repurchase program and 596,813 shares remain available for repurchase. The Company most recently repurchased shares pursuant to the program during the third quarter of 2022.
First US Bancshares is a bank holding company. Through its subsidiary, First US Bank (the Bank), Co. conducts a commercial banking business and provides banking services such as demand, savings, individual retirement account and time deposits, personal and commercial loans, safe deposit box services and remote deposit capture. The Bank provides a range of commercial banking services to small- and medium-sized businesses, property managers, business executives, personnel and other individuals. Co. conducts its lending in several states, including Alabama, Florida, Georgia, Kentucky, Mississippi, Missouri, North Carolina, Oklahoma, South Carolina, Tennessee, Texas and Virginia.
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