secwatch.observer — SEC 8-K summary
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Issuer:     INDEPENDENT BANK CORP (INDB)
CIK:        0000776901
Form:       8-K
Filed at:   2026-05-01T23:59:59+00:00
Accession:  0000776901-26-000100
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Board authorizes $200M stock buyback plan effective April 30, 2026
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/776901/000077690126000100/0000776901-26-000100-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/776901/000077690126000100/indb-20260430.htm
  HTML page:      https://secwatch.observer/filing/0000776901-26-000100

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer