Peoples Financial Corporation Announces New Stock Repurchase Program
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BILOXI, Miss., April 28, 2021 /PRNewswire/ The board of directors of Peoples Financial Corporation (the Company )
(OTCQX Best Market: PFBX), parent of The Peoples Bank (the Bank ), announced its approval to repurchase up to 200,000 additional shares of the Company s outstanding common stock. In accordance with the limitations set forth in Rule 10b-18 of the Securities and Exchange Commission and other applicable legal requirements, shares will be repurchased at the discretion of management either on the open market or through privately negotiated transactions, and repurchased shares will be retired. As of March 31, 2021, the Company reported common shares outstanding of 4,878,557.
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