FVCBankcorp extends buyback, may repurchase up to 1.3M shares of common stock

FVCBankcorp "announced that its Board of Directors has extended its share repurchase program that was initiated in 2020. Under the repurchase program, the Company may repurchase up to 1,300,000 shares of its common stock, or approximately 8% of its outstanding shares of common stock at December 31, 2022, post stock split effective January 31, 2023. The repurchase program will expire on March 31, 2024, subject to earlier termination of the program by the Board of Directors. Under the expiring program, the Company repurchased approximately 138,000 shares of its common stock at an average price of $14.16."