secwatch.observer — SEC 8-K summary
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Issuer:     BANNER CORP (BANR)
CIK:        0000946673
Form:       8-K
Filed at:   2024-07-25T23:59:59+00:00
Accession:  0000946673-24-000022
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Banner Corp authorizes repurchase of up to 1.72M shares (5% of outstanding)
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- Repurchase program covers up to 1,722,787 shares, ~5% of issued and outstanding common stock.
- Buybacks will be in open market; timing depends on market conditions and other considerations.
- CEO cites stock as attractive investment for building long-term shareholder value.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/946673/000094667324000022/0000946673-24-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/946673/000094667324000022/banr-20240725.htm
  HTML page:      https://secwatch.observer/filing/0000946673-24-000022

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