secwatch.observer — SEC 8-K summary
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Issuer:     OLD SECOND BANCORP INC (OSBC)
CIK:        0000357173
Form:       8-K
Filed at:   2026-01-29T23:59:59+00:00
Accession:  0000357173-26-000012
Event type: other_material
Sentiment:  positive
Materiality: 0.55
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Old Second Bancorp authorizes $43.9M share repurchase program, receives Fed nonobjection
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- Board authorized up to $43.9M in common stock repurchases; program expires Dec 31, 2026.
- Federal Reserve Bank of Chicago issued nonobjection letter dated Jan 8, 2026.
- Repurchases may be made via open market, trading plans, or private negotiations.
- Management has discretion over timing, quantity, and price; no obligation to buy shares.
- Program can be suspended or restarted at any time; post-2026 repurchases require new Fed nonobjection.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/357173/000035717326000012/0000357173-26-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/357173/000035717326000012/osbc-20260129x8k.htm
  HTML page:      https://secwatch.observer/filing/0000357173-26-000012

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