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Dec 16, 2025 4:00 PM

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

GRAND RAPIDS, Mich., Dec. 16, 2025 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ:IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that its Board of Directors authorized a 2026 share repurchase plan on December 16, 2025. Under the terms of the 2026 share repurchase plan, the Company is authorized to buy back up to 1,100,000 shares, representing approximately 5% of its common stock. The 2026 share repurchase plan is authorized to last through December 31, 2026.

The Company intends to accomplish 2026 share repurchases through open market transactions, though the Company could accomplish repurchases through other means, such as privately negotiated transactions. The timing and amount of any share repurchases will depend ...