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TC Bancshares announces adoption of repurchase plan

TC Bancshares (TCBC), the holding company for TC Federal Bank, announced it has adopted a program to repurchase up to 200,000 shares of its common stock, or approximately 5.0% of its outstanding shares. This is the company’s fourth stock repurchase authorization since completing its reorganization and related stock offering in July 2021. The company may repurchase shares in the open market or through private transactions.

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