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Stock impact report

First Internet Bancorp Announces Stock Repurchase Program

First Internet Bancorp (INBK) 
Last first internet bancorp earnings: 4/22 04:52 pm Check Earnings Report
Company Research Source: Business Wire
FISHERS, Ind.--(BUSINESS WIRE)-- First Internet Bancorp (“First Internet” or the “Company”) (Nasdaq:INBK), the parent company of First Internet Bank (the “Bank”), announced today that its Board of Directors approved on December 18, 2018 a new stock repurchase program with an aggregate purchase price of up to $10 million. The stock repurchase program is scheduled to expire on December 31, 2019. David Becker, Chairman, President and Chief Executive Officer, commented, “We are initiating this stock repurchase program, which demonstrates our commitment to enhancing shareholder value while also maintaining strong capital levels. Importantly, the program reflects our confidence in the long-term outlook for First Internet.” The stock repurchase program permits First Internet to acquire shares of its common stock from time to time in the open market or in privately negotiated transactions at prices manag Show less Read more
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