Affinity Bancshares rises on stock repurchase plan

Shares of community lender Affinity Bancshares AFBI.O rise 2.5% to $20.38

Covington, Georgia-based AFBI adopts a stock buyback program, wherein it may repurchase up to 320,480 shares, or about 5% of outstanding shares

AFBI has about 6.4 million outstanding shares, according to data compiled by LSEG

Bank may repurchase shares in open market or private transactions

AFBI stock up 16.5% YTD