other material
confidence high
sentiment positive
materiality 0.60
Old Second Bancorp authorizes $39.1M share repurchase; Fed non-objection secured
OLD SECOND BANCORP INC
- Board authorized up to $39.1M share repurchase; Federal Reserve non-objection received Dec 16, 2024.
- Repurchases may be made via open market, Rule 10b5-1 plans, or private negotiations at management's discretion.
- Program runs through Dec 31, 2025; any repurchases after that date require further Federal Reserve non-objection.
- Company is not obligated to repurchase any shares; program may be suspended or discontinued at any time.