Tranche Update on First Community Bankshares, Inc.'s Equity Buyback Plan announced on September 17, 2001.
January 23, 2019 at 10:00 pm
Share
From October 1, 2018 to December 31, 2018, the company has repurchased 390,296 shares, representing 2.38% for $13.12 million. With this, the company has completed the repurchase of 6,352,554 shares, representing 38.4% for $135.95 million under the buyback announced on September 17, 2001.
First Community Bankshares, Inc. is a financial holding company, which provides banking products and services through its wholly owned subsidiary First Community Bank (the Bank). It operates in community banking segment, which consists of all operations, including commercial and consumer banking, lending activities, and wealth management. The Bank offers wealth management and investment advice through its Trust Division and wholly owned subsidiary First Community Wealth Management. Its commercial loans consist of loans to small and mid-size industrial, commercial, and service companies. Commercial real estate projects represent a variety of sectors of the commercial real estate market, including single family and apartment lessors, commercial real estate lessors, and hotel/motel operators. Consumer real estate loans segment consists of loans to individuals within its market footprint for home equity loans and lines of credit and for the purpose of financing residential properties.
FIRST COMMUNITY BANKSHARES, INC. 
