---
schema_version: "secwatch.filing_event.v1"
accession: "0001174850-21-000094"
form_type: "8-K"
ticker: "NIC"
cik: "0001174850"
company_name: "NICOLET BANKSHARES INC"
filed_at: "2021-12-22T23:59:59+00:00"
generated_at: "2026-06-27T22:50:18.180415+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Nicolet Bankshares increases stock buyback authorization by $50M to $81M total

## Summary
- Board authorized additional $50M repurchase, adding to $31M remaining, total $81M.
- Repurchase represents ~5% of outstanding common stock.
- CEO states stock is 'best acquisition right now' given market conditions and cash position.
- Company completed two acquisitions and branch rationalization in 2021.
- Repurchases to be funded from cash on hand; timing depends on market conditions.

## SEC filing metadata
- accession: 0001174850-21-000094
- form_type: 8-K
- ticker: NIC
- cik: 0001174850
- company_name: NICOLET BANKSHARES INC
- filed_at: 2021-12-22T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1174850/000117485021000094/0001174850-21-000094-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1174850/000117485021000094/ncbs-20211221.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001174850-21-000094
- JSON: https://secwatch.observer/filing/0001174850-21-000094.json
- Plain text: https://secwatch.observer/filing/0001174850-21-000094.txt

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