secwatch.observer — SEC 8-K summary
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Issuer:     SOUTHSIDE BANCSHARES INC (SBSI)
CIK:        0000705432
Form:       8-K
Filed at:   2022-03-01T23:59:59+00:00
Accession:  0000705432-22-000026
Event type: other
Sentiment:  positive
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Southside Bancshares authorizes repurchase of up to 1 million shares
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- Board authorized repurchase of up to 1 million shares of common stock.
- Repurchases may be made via open market, private transactions, or 10b5-1 plans.
- Company has no obligation to repurchase and may suspend or discontinue the plan at any time.
- CEO Lee R. Gibson stated the plan reflects confidence and commitment to shareholder value.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/705432/000070543222000026/0000705432-22-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/705432/000070543222000026/sbsi-20220301.htm
  HTML page:      https://secwatch.observer/filing/0000705432-22-000026

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