Tranche Update on Shore Bancshares, Inc.'s Equity Buyback Plan announced on November 24, 2020.
January 28, 2021 at 04:16 pm
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From November 24, 2020 to December 31, 2020, the company has repurchased 253,900 shares, representing 2.11% for $3.63 million. With this, the company has completed the repurchase of 253,900 shares, representing 2.11% for $3.63 million under the buyback announced on November 24, 2020.
Shore Bancshares, Inc. is a financial holding company. The Company conducts business primarily through two wholly owned subsidiaries, Shore United Bank, N.A. (the Bank) and Mid-Maryland Title Company, Inc. (the Title Company). The Bank provides consumer and commercial banking products and services and secondary mortgage lending, trust, wealth management and financial planning services. The Bank is a national banking association chartered, which operates 42 full-service branches, 42 automatic teller machines (ATM), three interactive teller machines, five loan production offices. The Bank provides a full range of commercial and consumer banking products and services to individuals, businesses, and other organizations in Baltimore County, Howard County, Kent County, Queen Annes County, Caroline County, Talbot County, Dorchester County, Anne Arundel County, Charles County, St Marys County and others. The Title Company engages in title work related to real estate transactions.
SHORE BANCSHARES, INC. 
