April 30, 2009 (FinancialWire) — Citizens Holding Co.’s (NASDAQ: CIZN) (Current Market Cap: US$105.64 Mil.) board has authorized a share repurchase plan under which the company may buy back up to 250,000 shares of its common stock, at a par value of $.20 per share.

The plan is effective as of May 1, and will terminate no later than April 30, 2010. The company had around 4.9 million shares outstanding at April 30.

Philadelphia, Mississippi-based Citizens Holding is a one-bank holding company and the parent company of The Citizens Bank of Philadelphia, Mississippi. The bank currently has 23 banking locations in ten counties in East Central and South Mississippi.

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