other_material
confidence high
sentiment neutral
materiality 0.50
Busey Corp board adds 2M shares to buyback; redeems $125M subordinated notes
FIRST BUSEY CORP /NV/
- Stockholders elected 13 directors with support ranging from 96.2% to 99.2%; say-on-pay approved with 95.9% for; auditor ratified with 98.1% for.
- Board increased share repurchase authorization by 2.0M shares, leaving 2.99M shares available; program has no expiration date.
- Company redeemed $125M of 5.25% Fixed-to-Floating Rate Subordinated Notes due 2030 on June 1, 2025 at par plus accrued interest.
item 5.07item 8.01