secwatch.observer — SEC 8-K summary
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Issuer:     FIRST BUSEY CORP /NV/ (BUSE)
CIK:        0000314489
Form:       8-K
Filed at:   2025-06-02T23:59:59+00:00
Accession:  0000314489-25-000205
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.07, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Busey Corp board adds 2M shares to buyback; redeems $125M subordinated notes
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/314489/000031448925000205/0000314489-25-000205-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/314489/000031448925000205/buse-20250529.htm
  HTML page:      https://secwatch.observer/filing/0000314489-25-000205

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer