PLUMAS BANCORP 8-K

What Happened Plumas Bancorp (PLBC) announced on February 2, 2026, that its Board of Directors authorized a share repurchase program allowing the company to buy back up to $25.0 million of its common stock through the fourth quarter of 2026. The company filed an 8‑K disclosing the program and attached a press release as Exhibit 99.1.

Key Details

• Authorization: Up to $25,000,000 of common stock may be repurchased.
• Timeframe: Repurchases may occur through the fourth quarter of 2026.
• Methods & funding: Purchases may be made in the open market, via private negotiations, block trades or other means; the company intends to fund repurchases from available cash and retained earnings.
• No commitment: The program does not obligate Plumas to repurchase any specific number of shares and may be modified, suspended, or terminated at any time.

Why It Matters A board‑authorized repurchase program can reduce shares outstanding and return capital to shareholders, potentially supporting the stock price and improving per‑share metrics if repurchases occur. Investors should note there is no guarantee the company will buy shares, and actual repurchases will depend on market conditions, capital needs, and other corporate considerations. The company’s filing and attached press release provide the official details and authority for the program.