secwatch.observer — SEC 8-K summary
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Issuer:     FIRST MERCHANTS CORP (FRME)
CIK:        0000712534
Form:       8-K
Filed at:   2026-06-24T20:12:34+00:00
Accession:  0000712534-26-000046
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

First Merchants authorizes $100M stock repurchase program covering ~5% of shares
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- Board approved repurchase of up to 3,125,000 shares (~5% of outstanding) for max $100M.
- Program replaces prior authorization from March 2025; timing and volume at management's discretion.
- Repurchases may be via open-market, private transactions, or Rule 10b5-1 plan, subject to market conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/712534/000071253426000046/0000712534-26-000046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/712534/000071253426000046/frme-20260624.htm
  HTML page:      https://secwatch.observer/filing/0000712534-26-000046

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