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BANKFIRST CAPITAL CORPORATION Announces Stock Repurchase Program

  • BankFirst Capital Corporation announced a new stock repurchase program on May 21, 2025, in Columbus, Mississippi, covering up to $10.0 million of its common shares.
  • The program results from the Board's approval intending to repurchase shares through open market purchases or negotiated transactions until May 21, 2026, or until funds run out.
  • BankFirst Capital Corporation, headquartered in Columbus, Mississippi, is a bank holding company with total assets of approximately $2.9 billion as of March 31, 2025, and fully owns BankFirst Financial Services, a community-focused bank established in 1888.
  • Under SEC Rule 10b-18 and Rule 10b5-1, the company may repurchase shares even during blackout periods, with purchases complying with applicable legal requirements.
  • The stock repurchase program provides flexibility but does not obligate repurchases, while risks related to economic conditions, regulatory approvals, and a pending Magnolia transaction could affect future results.
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BANKFIRST CAPITAL CORPORATION Announces Stock Repurchase Program

COLUMBUS, Miss., May 21, 2025 /PRNewswire/ -- BankFirst Capital Corporation (OTCQX: BFCC) ("BankFirst" or the "Company"), parent company of BankFirst Financial Services, Macon, Mississippi (the "Bank"), today announced that the board of directors of the Company (the "Board") approved a…

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Charleston Gazette-Mail broke the news in Charleston, United States on Wednesday, May 21, 2025.
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