Colony Bankcorp Extends Common Stock Repurchase Program
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Colony Bankcorp's board of directors extended its stock repurchase program, allowing buybacks of up to $12 million through the end of 2026. Since the program's inception, 318,778 shares worth $4.613 million have been repurchased, leaving $7.387 million available. The extension provides flexibility in repurchase timing, volume, and methods. Analysts rate CBAN stock as a Buy with a $20.00 price target, citing strong financial performance and strategic growth through the TC Bancshares merger.
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