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News  ›  GlobeNewswire Inc.

Independent Bank Corporation Announces the Adoption of its 2026 Share Repurchase Plan

GlobeNewswire Inc. Logo GlobeNewswire Inc. By William B. Kessel/Gavin A. Mohr
Independent Bank Corporation Announces the Adoption of its 2026 Share Repurchase Plan

Independent Bank Corporation authorized a share repurchase plan for 2026, allowing buyback of up to 1,100,000 shares (approximately 5% of common stock) through open market transactions, funded by cash on hand.

Insights
IBCP   positive

The company is proactively managing its stock through a strategic share repurchase plan, indicating financial strength and confidence in its market position. The plan suggests the company believes its stock is undervalued and wants to return value to shareholders.