MetroCity Bankshares, Inc. Declares Quarterly Cash Dividend and Announces the Continuation of its Share Repurchase Program

Core Points - MetroCity Bankshares, Inc. declared a quarterly cash dividend of $0.23 per share on its common stock, payable on November 8, 2024, to shareholders of record as of October 30, 2024 [1] - The board of directors approved the continuation of its share repurchase program, allowing the repurchase of up to 925,250 shares, which is the remaining amount from the previous plan, starting from October 17, 2024, to September 30, 2025 [2][3] Company Overview - MetroCity Bankshares, Inc. is a Georgia corporation and a bank holding company for its wholly-owned banking subsidiary, Metro City Bank, headquartered in the Atlanta metropolitan area, operating 20 full-service branch locations in multi-ethnic communities across several states [4]