Southwest Georgia Financial Corporation Buyback
OLI recorded this information on 10/26/2016
Company:
Southwest Georgia Financial Corporation
Buyback:
SGB buyback
$Amount Authorized:
$1,750,000
Buyback Details:
Southwest Georgia Financial Corporation (the "Corporation") (NYSE MKT:SGB), the parent company of Southwest Georgia Bank, announced that its Board of Directors has authorized a share repurchase program up to $1.75 million of its outstanding shares of common stock through October 31, 2017.
Southwest Georgia Financial is a bank holding company. Through its subsidiary, Southwest Georgia Bank (the Bank), Co. provides banking services in Colquitt, Baker, Worth, Lowndes, and Tift as well as the surrounding counties of southwest Georgia. The Bank provides customary banking services such as consumer and commercial checking accounts, negotiable order of withdrawal accounts, savings accounts, certificates of deposit, and lines of credit, among others. The Bank finances commercial and consumer transactions, makes secured and unsecured loans, and provides a variety of other banking services. The Bank provides a range of depository accounts and services to both consumers and businesses.
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