Peoples Financial (PFBX) in Biloxi, Miss., is resuming stock buybacks.

The $805 million-asset company said Thursday that it will repurchase 30% of the 150,000 shares that its board authorized in 2009 for buybacks. The board had suspended the plan after repurchasing roughly 34,000 shares.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.