Independent Bank Corp. Stock Buyback Plan

Independent Bank Corp. announced that its Board of Directors has authorized a new stock buyback plan, effective April 30, 2026. Under this plan, the company may repurchase up to $200 million of its common stock. The repurchases are expected to begin after the completion of the existing stock buyback plan from July 2025, which has approximately $10.5 million remaining. The company may conduct these repurchases through open market transactions, privately negotiated deals, or Rule 10b5-1 trading plans. The decision on the extent, size, and timing of repurchases will be influenced by various factors, including market conditions, the company's financial standing, and legal requirements. This new plan is set to expire on April 29, 2027, and the company reserves the right to modify, suspend, or terminate it at any time without prior notice.