By Stephen Nakrosis
First Bancorp (North Carolina) said its board has authorized a new share-repurchase plan for up to $40 million of the company's outstanding common stock.
The plan may be modified, extended, suspended or discontinued at any time, the company said Thursday.
First Bancorp NC has a market capitalization of $1.88 billion, 41.34 million shares outstanding and a public float of 39.84 million shares.
The bank holding company has its headquarters in Southern Pines, N.C., and total assets of about $12.2 billion.
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
February 06, 2025 18:37 ET (23:37 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。