Affinity Bancshares, Inc. 8-K

What Happened
Affinity Bancshares, Inc. (NASDAQ: AFBI) filed a Current Report on Form 8-K on January 7, 2026 (Item 8.01) announcing the adoption of a share repurchase program. Under the program the company may repurchase up to 304,524 shares of its common stock, which the filing states is approximately 5% of the current outstanding shares. A press release announcing the program was attached to the 8-K as Exhibit 99.1.

Key Details

• Authorized repurchases of up to 304,524 shares of common stock.
• Repurchase amount represents roughly 5% of current outstanding shares (per the filing).
• Form 8-K filed January 7, 2026; press release incorporated as Exhibit 99.1.
• The 8-K does not specify timing, price limits, funding source, or expiration for repurchases.

Why It Matters
A share repurchase program is a capital-allocation action that, if executed, would reduce the number of outstanding shares and can affect per-share measures. The program size (about 5% of shares) is material enough for investors to note, but the company has not disclosed when or how purchases will be made. Shareholders should watch for future disclosures or trading reports that provide timing, amounts actually repurchased, and other terms.