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Seacoast Banking Corporation of Florida Announces Share Repurchase Program
Seacoast Banking Corporation of FloridaDecember 17, 2020 GMT
STUART, Fla., Dec. 17, 2020 (GLOBE NEWSWIRE) Seacoast Banking Corporation of Florida (“Seacoast” or the “Company”) (NASDAQ: SBCF) announced that its Board of Directors (the “Board”) has adopted a share repurchase program. Under the repurchase program, which will expire on December 31, 2021, the Company may repurchase, from time to time, up to $100 million of its shares of common stock, representing approximately 6.1% of the Company’s outstanding common stock as of December 16, 2020.