Seacoast Banking Corporation of Florida Renews Share Repurchase Program

2025-12-19SEC Filing 8-K (0000730708-25-000240)

Seacoast Banking Corporation of Florida announced the renewal of its Share Repurchase Program by its Board of Directors on December 19, 2025. The renewed program, expiring on December 31, 2026, authorizes the repurchase of up to $150 million of the Company's outstanding common stock. This represents an increase from the previous program. Shares can be repurchased through various methods, including open market purchases, block purchases, and privately negotiated transactions, in accordance with relevant SEC rules such as Rule 10b-18 and Rule 10b5-1. The actual number of shares repurchased will be at the Company's discretion, dependent on market conditions, financial performance, and regulatory requirements. The program does not obligate the Company to repurchase any specific number of shares and can be terminated or amended by the Board at any time.

Ticker mentioned:SBCF