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Shore Bancshares authorizes stock repurchase program

The board of Easton, Md.-based authorized astock repurchase program of up to 400,000 shares, or approximately 3.2%, of the12.7 million outstanding shares of its common stock.

The program — set to expire April 21, 2017 — may be limitedor terminated at any time without prior notice, according to a July 25 newsrelease.