Bank of the James Financial Group announced that the Board of Directors of the Company has authorized a stock repurchase program whereby the Company is authorized to buy up to 75,000 shares of its common stock. As of December 20, 2018, the Company had 4,378,436 shares of common stock outstanding. The stock repurchase program will begin on December 21, 2018 and will expire on the earlier of December 20, 2019, the date on which the maximum aggregate number of shares authorized to be repurchased has been repurchased, or after written notice by the broker or the Company as specified in the program. The shares will be repurchased in open market transactions through brokers, subject to availability. Because repurchases made under the program are subject to SEC regulations as well as certain constraints specified in the program, there is no guarantee as to when repurchases may occur or the total number of shares that will be repurchased.