Midland States Bancorp Increases Buyback Plan From $25M To $45M Through Dec. 31, 2026
Benzinga Newsdesk 6 months ago
NewsBuybacks
Midland States Bancorp, Inc. (NASDAQ:MSBI) announced today that its Board of Directors has approved an amendment to the Company's current stock repurchase program that increases the amount of common stock authorized for
Midland States Bancorp, Inc. (NASDAQ:MSBI) announced today that its Board of Directors has approved an amendment to the Company's current stock repurchase program that increases the amount of common stock authorized for repurchase from $25 million to $45 million and extends the expiration date of the program to December 31, 2026. To date, the Company has repurchased 923,837 shares of its common stock at an average price of $21.46 for a total investment of $19.8 million under the stock repurchase program that was initially authorized on November 3, 2025.