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First Community Announces $7.5M Stock Repurchase Plan

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Confident Investing Starts Here:

The latest update is out from First Community ( (FCCO) ).

On May 9, 2025, First Community Corporation announced a plan to repurchase up to $7.5 million of its common stock, representing about 5% of total shareholders’ equity as of March 31, 2025. This move, which allows for flexibility in timing and method of repurchase, aims to provide capital management opportunities, though the company is not obligated to repurchase any shares and may alter the plan through May 8, 2026.

Spark’s Take on FCCO Stock

According to Spark, TipRanks’ AI Analyst, FCCO is a Outperform.

First Community demonstrates strong financial performance with high profitability and a solid balance sheet, which significantly contributes to its stock score. Technical analysis indicates moderate positive momentum, although there are mixed signals regarding long-term trends. Valuation is reasonable, with a fair P/E ratio and a decent dividend yield. The overall score reflects the company’s strengths in financial health and fair valuation, while technical indicators suggest some caution in the short term.

To see Spark’s full report on FCCO stock, click here.

More about First Community

First Community Corporation is the holding company for First Community Bank, operating in the financial services industry.

Average Trading Volume: 44,922

Technical Sentiment Signal: Buy

Current Market Cap: $182.1M

For a thorough assessment of FCCO stock, go to TipRanks’ Stock Analysis page.

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