First Bancshares (FBMS) Announces $20M Share Repurchase Plan

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The First Bancshares, Inc. Announces Share Repurchase Plan

March 28, 2019 5:26 PM EDT

HATTIESBURG, Miss.--(BUSINESS WIRE)-- The First Bancshares, Inc. (NASDAQ: FBMS) (First Bancshares or the Company), the holding company for The First, A National Banking Association, announced today that its Board of Directors has authorized a new share repurchase program to purchase up to an aggregate of $20 million of the Companys common stock. This share repurchase program will have an expiration date ofDecember 31, 2019.

Under the program, the Company may repurchase shares of its common stock periodically in a manner determined by the Companys management. The actual means and timing of... More