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First Mid Bancshares adopts $6.2M stock repurchase plan

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First Mid Bancshares adopts $6.2M stock repurchase plan

First Mid Bancshares Inc. adopted a repurchase plan under which it may buy back up to $6.2 million worth of its common shares.

The repurchase plan is connected with the bank's maintained repurchase program. Under the program, about $6.2 million worth of First Mid Bancshares' common shares is available for repurchase as of Aug. 16.

The company may opt to repurchase in the open market or in privately negotiated transactions from time to time.