July 6 (Reuters) - Shore Bancshares Inc SHBI.O :
* SHORE BANCSHARES ANNOUNCES NEW STOCK REPURCHASE PROGRAM
* SHORE BANCSHARES INC- HAD RECEIVED A NON-OBJECTION LETTER
FROM
FEDERAL RESERVE BANK OF RICHMOND TO ALLOW BOARD TO AUTHORIZE
MANAGEMENT TO REPURCHASE ITS COMMON STOCK
* SHORE BANCSHARES-UNDER NEW REPURCHASE PROGRAM, CO
AUTHORIZED TO
REPURCHASE UP TO $5 MILLION, OR ABOUT 1.4% OUTSTANDING SHARES OF
CO'S COMMON STOCK
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