First Merchants Corp authorizes $100M share repurchase program (up to 2.9M shares, ~5% of outstanding)

FIRST MERCHANTS CORP

Board approved repurchase of up to 2,927,000 shares (approx. 5% of outstanding) at aggregate cost not exceeding $100M.
Program replaces a similar authorization from January 2021.
Purchases may be made in open market or private transactions; no obligation to buy any shares.
Timing and size depend on market conditions, price, and legal requirements; program can be discontinued anytime.

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