Independent Bank Corporation announces an Equity Buyback for 1,100,000 shares, representing 5% of its issued share capital.

Independent Bank Corporation (NasdaqGS:IBCP) announces a share repurchase program. Under the program, the company will repurchase 1,100,000 shares, representing 5% of its outstanding common stock. The repurchases will be funded from from cash in hand. The repurchase program will expire on December 31, 2022.