secwatch.observer — SEC 8-K summary
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Issuer:     FIRST FINANCIAL BANCORP /OH/ (FFBC)
CIK:        0000708955
Form:       8-K
Filed at:   2023-12-05T23:59:59+00:00
Accession:  0000708955-23-000061
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Financial Bancorp authorizes buyback of up to 5M shares (~5% of outstanding)
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- Board authorized repurchase of up to 5,000,000 shares, ~5% of shares outstanding as of Sep 30, 2023.
- Plan effective Jan 1, 2024, upon expiration of prior plan, and runs through Dec 31, 2025.
- Repurchases may be made in open market, block trades, or private transactions subject to market conditions.
- Company cites strong balance sheet and capital position as basis for enhancing long-term shareholder value.
- Authorization replaces existing plan; purchases can be commenced or suspended at any time without notice.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/708955/000070895523000061/0000708955-23-000061-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/708955/000070895523000061/ffbc-20231205.htm
  HTML page:      https://secwatch.observer/filing/0000708955-23-000061

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