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MSFG Buyback image

MainSource Financial Group, Inc. Buyback

OLI recorded this information on 12/19/2014

Company: MainSource Financial Group, Inc.
Buyback: MSFG buyback
Share Amount Authorized: 5%
Buyback Details: Archie M. Brown, Jr., President and Chief Executive Officer of MainSource Financial Group, Inc. (NASDAQ:MSFG) announced today that its Board of Directors has authorized a common stock repurchase program effective January 1, 2015. Under the program, MainSource Financial Group may purchase up to 1,085,000 shares of its outstanding common stock, or approximately 5.0% of the currently outstanding shares. The program will expire December 31, 2015, unless completed sooner or otherwise extended. Stock repurchases under this program may be made through open market and privately negotiated transactions at such times and in such amounts as management deems appropriate in accordance with applicable Securities and Exchange Commission regulations. The timing and actual number of shares repurchased will depend on a variety of factors including price, corporate and regulatory requirements and other market conditions.

MainSource Financial Group is a bank holding company. Through its banking subsidiary, MainSource Bank, Co. provides a range of financial services, including: accepting time and transaction deposits; making consumer, commercial, agribusiness and real estate mortgage loans; renting safe deposit facilities; providing personal and corporate trust services; and providing other corporate services such as letters of credit and repurchase agreements. As of Dec 31 2016, Co. operated 90 branch banking offices in Indiana, Illinois, Ohio and Kentucky. As of Dec 31 2016, Co. had total assets of $4.08 billion and total deposits of $3.11 billion.
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MSFG — Key Stats (updated Thu., Mar. 29, 10:17 AM)
Company Name:  MainSource Financial Group Inc
Stock buyback:  MSFG buyback
Website:  www.mainsourcebank.com
Sector:  Banking & Savings
 

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April 26, 2024  •  6:55 AM Eastern
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