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Old National Bancorp. Announces New Share Repurchase Plan & Dividend
TBBKThe Bancorp(TBBK) ZACKS·2025-02-20 17:20

Old National Bancorp. (ONB) has announced a new share repurchase program alongside quarterly cash dividends.Under the buyback plan, ONB will be able to repurchase up to 200millionworthofshares.TherepurchaseplanissettoexpireonFeb.28,2026.Thisnewprogramwillreplacetheexistingsharerepurchaseplan,announcedinFebruary2024.Priortothis,ONBannouncedasharerepurchaseplaninFebruary2023authorizingtherepurchaseofupto200 million worth of shares. The repurchase plan is set to expire on Feb. 28, 2026.This new program will replace the existing share repurchase plan, announced in February 2024.Prior to this, ONB announced a share repurchase plan in February 2023 authorizing the repurchase of up to 200 million of shares, which expired on Feb. 29, 2024.Old N ...