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Lexington, SC-based First Community's board OKs new repurchase plan

First Community Corp.'s board approved a new buyback plan, under which the company may repurchase up to 200,000 additional common shares from time to time during a period of up to two years.

The shares are in addition to the 300,000 shares bought back under the Lexington, S.C.-based company's previous repurchase plan, which was announced in May.