secwatch.observer — SEC 8-K summary
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Issuer:     REPUBLIC BANCORP INC /KY/ (RBCAA)
CIK:        0000921557
Form:       8-K
Filed at:   2024-01-24T23:59:59+00:00
Accession:  0001558370-24-000466
Event type: other_material
Sentiment:  positive
Materiality: 0.50
Item codes: 7.01
LLM model:  deepseek-v4-flash:cloud@v2

Republic Bancorp increases share buyback authorization by 400,000 shares
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- Board authorized purchase of up to 400,000 additional Class A shares, representing 2.3% of outstanding Class A shares.
- As of Jan 23, 2024: 17,244,056 Class A shares and 2,150,669 Class B shares outstanding.
- No expiration date set; purchases at management's discretion via open market, block trades, or private transactions.
- Authorization allows adoption of 10b5-1 trading plans to repurchase during insider-trading blackout periods.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/921557/000155837024000466/0001558370-24-000466-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/921557/000155837024000466/rbcaa-20240124x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-000466

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