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Horizon Bancorp, Inc Buyback

OLI recorded this information on 7/17/2019

Company: Horizon Bancorp, Inc
Buyback: HBNC buyback
Share Amount Authorized: 2,250,000
Buyback Details: Horizon Bancorp, Inc. (NASDAQ GS: HBNC, "Horizon") announced today that its Board of Directors (the "Board") authorized a program for the repurchase of up to 2,250,000 shares of Horizon's issued and outstanding common stock, no par value.

Horizon Bancorp is a bank holding company. Through its bank subsidiary, Horizon Bank (the Bank) and other affiliated entities and its subsidiary, Horizon Risk Management, Inc., Co. provides a range of banking services in the Northern and Central regions of Indiana and the Southern, Central and Great Lakes Bay regions of Michigan. The Bank is a commercial bank providing commercial and retail banking services, corporate and individual trust and agency services and other services incident to banking. The Bank has wholly-owned direct and indirect subsidiaries including: Horizon Investments, Inc., Horizon Properties, Inc., Horizon Insurance Services, Inc., and Horizon Grantor Trust.

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Company Name:  Horizon Bancorp Inc
Stock buyback:  HBNC buyback
Sector:  Banking & Savings
Number of ETFs Holding HBNC:  20
Total Market Value Held by ETFs:  $29.70M
Total Market Capitalization:  $406.00M
% of Market Cap. Held by ETFs:  7.31%

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April 3, 2020    11:57 AM Eastern
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Strong Buy (3.75 out of 4)
75th percentile
(ranked higher than approx. 75% of all stocks covered)
Based on Zacks ABR data;
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