other material
confidence high
sentiment positive
materiality 0.50
Midland States Bancorp authorizes new $25M stock repurchase program for 2024
Midland States Bancorp, Inc.
- Board authorized up to $25M in common stock repurchases from Jan 1 to Dec 31, 2024.
- Current program expires Dec 31, 2023 with ~$7.2M remaining under authorization.
- CEO cites balanced capital deployment and flexibility for long-term shareholder interests.
- Repurchases may be made on open market or private transactions; program may be suspended anytime.