Seacoast Banking Corporation of Florida announced on December 18, 2024, that its Board of Directors renewed the company's share repurchase program. The renewed program permits the repurchase of up to $100 million of its common stock.
This amount represents approximately 4% of the company's outstanding common stock. The program is set to expire on December 31, 2025.
The repurchases may occur in the open market, through block purchases, or in privately negotiated transactions, depending on various factors including market conditions and financial performance.
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