other material
confidence high
sentiment positive
materiality 0.70
Board authorizes $200M stock buyback plan effective April 30, 2026
INDEPENDENT BANK CORP
- Board authorized repurchase of up to $200M of common stock under new plan.
- Plan expires April 29, 2027; previous July 2025 plan has ~$10.5M remaining.
- Repurchases may be made on open market, privately, or through Rule 10b5-1 plans.
- Buyback timing depends on pricing, market conditions, capital position, and legal requirements.
- Plan may be modified, suspended, or discontinued without prior notice.