CoastalSouth Bancshares, Inc. Announces $15 Million Stock Repurchase Plan

CoastalSouth Bancshares, Inc. has announced a new stock repurchase plan, effective May 1, 2026, and expiring on April 30, 2027. The plan authorizes the repurchase of up to $15 million of the company's common stock. Repurchases can be made through various methods, including open market purchases, accelerated share repurchases, and privately negotiated transactions, all in compliance with relevant securities regulations. The company also has the option to utilize a Rule 10b5-1 trading plan. The repurchase program does not obligate the company to repurchase any specific amount of stock and can be modified or discontinued by the Board of Directors at any time.