secwatch.observer — SEC 8-K summary
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Issuer:     OLD SECOND BANCORP INC (OSBC)
CIK:        0000357173
Form:       8-K/A
Filed at:   2024-12-20T23:59:59+00:00
Accession:  0000357173-24-000085
Event type: other_material
Sentiment:  positive
Materiality: 0.55
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Old Second Bancorp authorizes $39.1M stock repurchase program
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/357173/000035717324000085/0000357173-24-000085-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/357173/000035717324000085/tmb-20241217x8ka.htm
  HTML page:      https://secwatch.observer/filing/0000357173-24-000085

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