Independent Bank Corporation Announces the Adoption of its 2025 Share Repurchase Plan
Independent Bank Corporation (IBCP)
Last independent bank corporation earnings: 4/30 07:59 am
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US:NASDAQ Investor Relations:
snl.com/irweblinkx/corporateprofile.aspx?iid=100319
Company Research
Source: GlobeNewswire
GRAND RAPIDS, Mich., Dec. 17, 2024 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that its Board of Directors authorized a 2025 share repurchase plan on December 17, 2024. Under the terms of the 2025 share repurchase plan, the Company is authorized to buy back up to 1,100,000 shares, representing approximately 5% of its common stock. The 2025 share repurchase plan is authorized to last through December 31, 2025. The Company intends to accomplish 2025 share repurchases through open market transactions, though the Company could accomplish repurchases through other means, such as privately negotiated transactions. The timing and amount of any share repurchases will depend on a variety of factors, including, among others, securities law restrictions, the trading price of the Company's common stock, regulatory requirements, potential alternative uses for capital, and the Company's finan
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News
- UPDATE -- Independent Bank Corporation Announces Date for its Fourth Quarter 2024 Earnings ReleaseGlobeNewswire
- Independent Bank Corporation Announces Date for its Fourth Quarter 2024 Earnings ReleaseGlobeNewswire
- Independent Bank Co. (NASDAQ: IBCP) had its price target raised by analysts at Keefe, Bruyette & Woods from $33.00 to $39.00. They now have a "market perform" rating on the stock.MarketBeat
- Independent Bank Corporation Reports 2024 Third Quarter ResultsGlobeNewswire
- Independent Bank Transforms IT Operations with AI Agents Using Generative Integration from SnapLogicBusiness Wire
IBCP
Earnings
- 10/24/24 - Miss
IBCP
Sec Filings
- 12/16/24 - Form 4
- 12/12/24 - Form 4
- 12/4/24 - Form 144
- IBCP's page on the SEC website