other material
confidence high
sentiment positive
materiality 0.55
Old Second Bancorp authorizes $39.1M stock repurchase program
OLD SECOND BANCORP INC
- Board authorized repurchase of up to $39.1M of common stock.
- Federal Reserve Bank of Chicago issued non-objection on Dec 16, 2024.
- Repurchases may be made through open market, trading plans, or private deals.
- Program expires after Dec 31, 2025 unless Fed non-objection is renewed.
- Management retains discretion to start, pause, or stop repurchases.