Seacoast Banking Corporation of Florida Announces Renewal of Share Repurchase Program
STUART, Fla., Dec. 15, 2023 (GLOBE NEWSWIRE) — Seacoast Banking Corporation of Florida (“Seacoast” or the “Company”) (NASDAQ:SBCF) announced that its Board of Directors (the “Board”) has renewed the Company’s share repurchase program, which was set to expire on December 31, 2023. Under the renewed repurchase program, which will expire on December 31, 2024, the Company may repurchase, from time to time, up to $100 million of its shares of common stock, representing approximately 4% of the Company’s outstanding common stock.
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