Core Viewpoint - HBT Financial, Inc. has announced a new stock repurchase program authorizing up to $30 million in common stock repurchases, effective January 1, 2026, following the expiration of the current program [1][2]. Group 1: Stock Repurchase Program - The new stock repurchase program will allow HBT Financial to repurchase shares on the open market, in privately negotiated transactions, or in any manner compliant with applicable securities laws [2]. - The program will be in effect until January 1, 2027, with the timing and number of shares repurchased dependent on various factors such as price, trading volume, and market conditions [2]. - The company is not obligated to repurchase any shares under the program, which may be suspended or discontinued at any time without notice [2]. Group 2: Company Overview - HBT Financial, Inc. is headquartered in Bloomington, Illinois, and serves as the holding company for Heartland Bank and Trust Company, with banking operations dating back to 1920 [3]. - The company offers a comprehensive suite of financial products and services to consumers, businesses, and municipal entities across Illinois and eastern Iowa, operating 66 full-service branches [3]. - As of September 30, 2025, HBT Financial reported total assets of $5.0 billion, total loans of $3.4 billion, and total deposits of $4.3 billion [3].
HBT Financial, Inc. Announces Authorization of New $30 Million Stock Repurchase Program