JBoss83
Jun 25, 12:36 PM
$FRME On June 24, 2026, the Board of Directors of First Merchants Corporation (the "Company") approved a stock repurchase program of up to 3,125,000 shares of the Company's outstanding common stock; provided, however, that the total aggregate investment in shares repurchased under the program may not exceed
$100,000,000. The amount of common stock subject to the repurchase program represents approximately 5% of the Company's outstanding shares. The stock repurchases maybe made from time to time, through solicited or unsolicited transactions in the open market, in privately negotiated transactions or pursuant to a The Company is not obligated to purchase any shares under the program, and the program may be discontinued at any time. The actual timing, number and share price of shares purchased under the repurchase program will be determined by the Company at its discretion. This new program replaces a similar program approved in March 2025.
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