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Bank of South Carolina Corporation Buyback

OLI recorded this information on 5/25/2023

Company: Bank of South Carolina Corporation
Buyback: BKSC buyback
$Amount Authorized: $2,000,000
Buyback Details: Today, the Board of Directors of Bank of South Carolina Corporation, (NASDAQ: BKSC) (the "Company") the parent company for The Bank of South Carolina, authorized the repurchase of up to $2.0 million of the Company's issued and outstanding common stock from time to time through May 2026. This new program replaces the prior stock repurchase program approved by the Board of Directors on March 26, 2020, which had authorized the Company to purchase up to $1.0 million of common stock and expired on March 26, 2021, with an aggregate of $401,710.55 purchased through the expiration date.

Bank of South Carolina is a bank holding company. Through its subsidiary, The Bank of South Carolina, Co. operates as a commercial bank providing a range of financial services and products to the Charleston - North Charleston metro area, which includes Charleston, Berkeley, and Dorchester counties. Co. focuses its lending activities on small and middle market businesses, personnel and individuals in its geographic markets. Co.'s primary lending activities are for commercial, commercial real estate, and consumer purposes, with the primary category being commercial real estate. Majority of Co.'s lending activity is to borrowers within its market area.
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Company Name:  Bank Of South Carolina Corp
Stock buyback:  BKSC buyback
Website:  www.banksc.com
Sector:  Banking & Savings
 

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May 1, 2024    2:59 PM Eastern
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