Guaranty Bancshares, Inc. Announces Stock Repurchase Plan

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May 04, 2022

On April 20, 2022, the Board of Directors of Guaranty Bancshares, Inc. (NASDAQ: GNTY), the parent company of Guaranty Bank & Trust, N.A., approved a new Stock Repurchase Plan, which authorizes Guaranty to repurchase up to 1,000,000 shares of Guaranty’s outstanding common stock from time to time, subject to certain conditions. The stock repurchase program will be effective from April 21, 2022 until the earlier of April 21, 2024 or the date all shares authorized for repurchase under the program have been repurchased, unless shortened or extended by the board of directors. The stock repurchase program does not obligate Guaranty to repurchase any specific number of shares of its common stock.