Southern Indiana Business Report
EVANSVILLE — Old National Bancorp announced Feb. 16 that its board of directors approved a stock repurchase program that authorizes the company to repurchase up to $200 million of its outstanding shares of common stock. Share repurchases under this program may be made from time to time on the open market, in privately negotiated transactions or through accelerated share repurchase programs in the discretion of, and at prices to be determined by, the company. The program will be in effect until Jan. 31, 2023.
About Old National
Old National Bancorp, the holding company of Old National Bank, is the largest bank holding company headquartered in Indiana. With $24 billion in assets, it ranks among the top 100 banking companies in the U.S. and has been recognized as a World’s Most Ethical Company by the Ethisphere Institute for 10 consecutive years. Founded in Evansville in 1834, Old National’s footprint now includes Indiana, Illinois, Kentucky, Michigan, Minnesota and Wisconsin. In addition to providing extensive services in retail and commercial banking, Old National offers comprehensive wealth management, investment and capital market services. Old National Bancorp trades under the NASDAQ symbol ONB.