First US Bancshares expands share repurchase program

First US Bancshares (FUSB) announced that its Board of Directors has expanded the company’s existing share repurchase program. The company has repurchased 1,389,972 shares of its common stock to date under the repurchase program, and 852,813 shares remain available for repurchase. The Board of Directors has authorized the company to repurchase an additional 1,000,000 shares under the repurchase program and extended the expiration of the repurchase program from December 31, 2025, to December 31, 2026. The share repurchase program was originally approved by the Company’s Board of Directors on January 19, 2006