Midland States Bancorp, Inc. Announces Authorization of New $25 Million Stock Repurchase Program

December 15, 2023

https://www.globenewswire.com/news-release/2023/12/05/2791360/0/en/Midland-States-Bancorp-Inc-Announces-Authorization-of-New-25-Million-Stock-Repurchase-Program.html

EFFINGHAM, Ill., Dec. 05, 2023 (GLOBE NEWSWIRE) — Midland States Bancorp, Inc. (NASDAQ:MSBI) announced today that its Board of Directors has approved a new stock repurchase program that authorizes the Company to repurchase up to $25 million of its common stock. The new stock repurchase program will become effective on January 1, 2024 and expires on December 31, 2024. The Company’s current stock repurchase program expires on December 31, 2023 and has approximately $7.2 million remaining under the authorization.

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