Third Coast Bancshares Board Approves Continuation Of $30M Share Repurchase Program Through June 2027

Third Coast Bancshares, Inc. (NYSE and NYSE Texas: TCBX) (the "Company," "Third Coast," "we," "us," or "our"), today announced that its Board of Directors approved the continuation of its share repurchase program (the "Repurchase Program"). This Repurchase Program allows the Company to buy up to $30 million of its common stock and will expire on June 30, 2027. Management notified the Federal Reserve Bank of Dallas of the continuation of the Repurchase Program. Under the Repurchase Program, Third Coast may periodically buy its shares through open market transactions at current market prices, privately negotiated deals, block trades, or other methods compliant with federal securities laws. The Repurchase Program can be extended, modified, amended, suspended, or halted at any time by Third Coast's Board of Directors and does not obligate the Company to repurchase its common stock. The sp...