Benzinga | Feb 22, 2021 08:04AM EST

First Midwest Bankcorp Says Resuming Purchase Under Existing Stock Buyback Program; Program Was Approved Feb. 2020 For Up To $200M

The Company also announced today that it will resume purchases under its existing stock repurchase program, which was approved by the Board of Directors in February 2020 and which authorizes the repurchase of up to $200 million of the Company's common stock. The resumption of the stock repurchase program allows the Company to continue to deliver on its commitment to create long-term shareholder value while remaining focused on helping its clients achieve financial success.