---
schema_version: "secwatch.filing_event.v1"
accession: "0000939057-21-000359"
form_type: "8-K"
ticker: "BANR"
cik: "0000946673"
company_name: "BANNER CORP"
filed_at: "2021-12-22T23:59:59+00:00"
generated_at: "2026-06-27T23:08:55.702266+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Banner Corp authorizes share buyback of up to 1.71M shares (~5% of outstanding)

## Summary
- Board authorized repurchase of up to 1,712,510 shares, equivalent to ~5% of common stock.
- Repurchases will occur in open market subject to market conditions and corporate considerations.
- CEO Grescovich says program aligns with capital management strategy and long-term shareholder value.
- Company is a $16.64B bank holding company operating Banner Bank in four western states.

## SEC filing metadata
- accession: 0000939057-21-000359
- form_type: 8-K
- ticker: BANR
- cik: 0000946673
- company_name: BANNER CORP
- filed_at: 2021-12-22T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/946673/000093905721000359/0000939057-21-000359-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/946673/000093905721000359/banner8k122021.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000939057-21-000359
- JSON: https://secwatch.observer/filing/0000939057-21-000359.json
- Plain text: https://secwatch.observer/filing/0000939057-21-000359.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.