Oconee Federal Financial (OFED) Announces 50K Share Buyback

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Oconee Federal Financial Corp. Announces Stock Repurchase Plan

April 24, 2025 2:30 PM EDT

SENECA, S.C.--(BUSINESS WIRE)-- Oconee Federal Financial Corp. (OTCQX: OFED) (the Company), the holding company for Oconee Federal Savings and Loan Association, announced an authorized stock repurchase program pursuant to which the Company intends to purchase up to 50,000 of its issued and outstanding shares of common stock, which represents approximately 0.86% of the Companys issued and outstanding shares. The timing of the purchases will depend on certain factors, including but not limited to, market conditions and prices, available funds and alternative uses of capital. The stock repurchase program may be carried out... More