other material
confidence high
sentiment positive
materiality 0.50
SouthState receives Fed nonobjection for up to 3M share repurchase program
SouthState Bank Corp
- Authorization to repurchase up to 3,000,000 shares (~3% of outstanding as of Jan 2, 2025).
- Repurchases allowed through Dec 31, 2026; no obligation to buy any specific number.
- Purchases may be made in open market, block trades, accelerated repurchase, or under Rule 10b5-1 plans.
- Program contingent on market conditions and company discretion.