S&T Bancorp extends $50M buyback; director Kane won't seek re-election

S&T BANCORP INC

Robert E. Kane will not stand for re-election to the Board at the May 16, 2022 annual meeting and will serve until term expires.
Board extended the $50M share repurchase plan to March 31, 2023; $37.4M capacity remains as of the announcement.
Repurchases may be made through open market or privately negotiated transactions at the company's discretion.

item 5.02 item 8.01 item 9.01

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Departed

Robert E. Kane

Director

STBA · S&T BANCORP INC

Effective: 2022-05-16
Filed: March 22, 2022, 7:59 PM ET

Robert E. Kane has notified S & T that he will not stand for re-election to the S & T’s Board of Directors (the “Board”) at S & T’s 2022 annual meeting of shareholders, scheduled to be held on Monday, May 16, 2022

Key facts

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Executive change SEC 8-K Item 5.02 confidence 1.0

Robert E. Kane departed as Director at S&T BANCORP INC.

Action: will not stand for re-election
Role: Director

Exact text from the filing

Robert E. Kane has notified S & T that he will not stand for re-election to the S & T’s Board of Directors (the “Board”) at S & T’s 2022 annual meeting of shareholders, scheduled to be held on Monday, May 16, 2022

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S&T BANCORP INC filing history →

Source: SEC EDGAR

accession 0000719220-22-000020

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