Old National Bancorp. Announces New Share Repurchase Plan & Dividend
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Old National Bancorp. (ONB) has announced a new share repurchase program allowing the buyback of up to $200 million worth of shares. Additionally, ONB declared a quarterly cash dividend of 14 cents per share.
February 20, 2025 | 5:30 pm
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Old National Bancorp. has authorized a $200 million share repurchase program and declared a quarterly dividend of 14 cents per share.
The announcement of a share repurchase program typically indicates management's confidence in the company's future prospects and can lead to a positive impact on the stock price. Additionally, the declaration of a dividend provides direct value to shareholders, further supporting a positive outlook.
CONFIDENCE 100
IMPORTANCE 80
RELEVANCE 100