secwatch.observer — SEC 8-K summary
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Issuer:     NICOLET BANKSHARES INC (NIC)
CIK:        0001174850
Form:       8-K
Filed at:   2021-12-22T23:59:59+00:00
Accession:  0001174850-21-000094
Event type: other_material
Sentiment:  positive
Materiality: 0.55
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1174850/000117485021000094/0001174850-21-000094-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1174850/000117485021000094/ncbs-20211221.htm
  HTML page:      https://secwatch.observer/filing/0001174850-21-000094

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