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MainStreet Bancshares board approves buyback program

Fairfax, Va.-based MainStreet Bancshares Inc.'s board has authorized the company to repurchase up to $10 million worth of its common shares.

Stock repurchases will be made from time to time, on the open market or in privately negotiated transactions. The program is expected to last for two years, unless the company buys back the full amount before that time.