Tranche Update on Midland States Bancorp, Inc.'s Equity Buyback Plan announced on August 6, 2019.
January 28, 2021 at 09:15 pm
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From October 1, 2020 to December 31, 2020, the company has repurchased 430,185 shares, representing 1.9% for $6.86 million. With this, the company has completed the repurchase of 2,472,736 shares, representing 10.45% for $43.58 million under the buyback announced on August 6, 2019.
Midland States Bancorp, Inc. is a diversified financial holding company. Its segments include Banking, Wealth Management, and Other. The Banking segment provides a range of financial products and services to consumers and businesses, including commercial, commercial real estate, mortgage and other consumer loan products; commercial equipment financing; mortgage loan sales and servicing; letters of credit; various types of deposit products, including checking, savings and time deposit accounts; merchant services; and corporate treasury management services. The Wealth Management segment operates under the name Midland Wealth Management, which consists of trust and wealth management products and services, including financial and estate planning, trustee and custodial services, investment management, tax and insurance planning, business planning, corporate retirement plan consulting and administration and retail brokerage services through a nationally recognized third-party broker dealer.
MIDLAND STATES BANCORP, INC. 
