Midland States announces new $25M stock repurchase pact

Midland States Bancorp announced that its Board of Directors has approved a new stock repurchase program that authorizes the Company to repurchase up to $25M of its common stock. The new stock repurchase program will become effective on January 1 and expires on December 31, 2024. The Company’s current stock repurchase program expires on December 31 and has approximately $7.2 M remaining under the authorization.