Independent Bank Corporation Announces the Adoption of Its 2024 Share Repurchase Plan
GRAND RAPIDS, Mich., Dec. 19, 2023 (GLOBE NEWSWIRE) — Independent Bank Corporation (NASDAQ:IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that its Board of Directors authorized a 2024 share repurchase plan on December 19, 2023. Under the terms of the 2024 share repurchase plan, the Company is authorized to buy back up to 1,100,000 shares, representing approximately 5% of its common stock. The 2024 share repurchase plan is authorized to last through December 31, 2024.
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