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Stock impact report

First US Bancshares, Inc. Announces Extension of Share Repurchase Program

First US Bancshares, Inc. (FUSB) 
US:NASDAQ Investor Relations: firstusbank.com/investors
Company Research Source: PR Newswire
BIRMINGHAM, Ala., Nov. 16, 2022 /PRNewswire/ -- 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, 2022, has been extended to expire on December 31, 2023. 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.Share repurchases under the repurchase program may be made through open market transactions, through privately negotiated transactions or otherwise at times and in such amounts as management deems appropriate, subject to applicable regulatory requirements. Open market purchases may be executed through a pre-arranged repurchase plan that op Show less Read more
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