MINEOLA,
Texas, May 16, 2023 /PRNewswire/ -- Texas
Community Bancshares, Inc. (the "Company") (NASDAQ: TCBS), the
holding company of Mineola Community Bank, S.S.B., announced that
its Board of Directors has adopted a stock repurchase program that
will allow the Company to repurchase up to 164,842 shares of its
outstanding common stock. This number equals approximately 5.0% of
shares currently outstanding.
The Company intends to conduct any repurchases through open
market purchases, including by means of a trading plan adopted
under SEC Rule 10b5-1, or in privately negotiated transactions,
subject to market conditions and other factors. There is no
guarantee as to the exact number of shares that the Company may
repurchase.
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SOURCE Texas Community Bancshares, Inc.