Seacoast Banking Corp. Files 8-K

TL;DR

Seacoast Banking Corp. filed an 8-K on 12/18/24. Check it for financial updates.

AI Summary

Seacoast Banking Corporation of Florida filed an 8-K on December 18, 2024, to report other events and financial statements. The filing includes information related to the company's operations and financial condition, with its principal executive offices located in Stuart, Florida.

Why It Matters

This filing provides important updates on Seacoast Banking Corp.'s corporate events and financial status, which can influence investor decisions.

Risk Assessment

Risk Level: low — This is a routine filing reporting general corporate events and financial statements, not indicating any immediate or significant risks.

Key Numbers

• 1231 — Fiscal Year End (Indicates the end of the company's annual financial reporting period.)

Key Players & Entities

• SEACOAST BANKING CORP OF FLORIDA (company) — Filer
• Florida (state) — State of Incorporation
• STUART (city) — Principal Executive Offices Location
• 772-287-4000 (phone_number) — Registrant's telephone number

FAQ

Key Financial Figures

• $0.10 — ange on which registered Common Stock, $0.10 par value SBCF Nasdaq Global Select Mar
• $100 million — may, from time to time, purchase up to $100 million of its shares of outstanding common sto

Filing Documents

• sbcf-20241218.htm (8-K) — 27KB
• sbcfpressrelease20241219.htm (EX-99.1) — 17KB
• image_0.jpg (GRAPHIC) — 10KB
• 0000730708-24-000240.txt ( ) — 185KB
• sbcf-20241218.xsd (EX-101.SCH) — 2KB
• sbcf-20241218_lab.xml (EX-101.LAB) — 21KB
• sbcf-20241218_pre.xml (EX-101.PRE) — 12KB
• sbcf-20241218_htm.xml (XML) — 3KB

01 Other Events

Item 8.01 Other Events On December 18, 2024, the Board of Directors (the " Board ") of Seacoast Banking Corporation of Florida (the " Company ") authorized the renewal of the Share Repurchase Program (the " Share Repurchase Program "), which was set to expire on December 31, 2024, pursuant to which the Company may, from time to time, purchase up to $100 million of its shares of outstanding common stock. The shares may be repurchased in the open market, by block purchase, or in privately negotiated transactions from time to time, or pursuant to any trading plan adopted in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934 (the " Exchange Act "), depending upon market conditions and other factors, and in accordance with applicable regulations of the Securities and Exchange Commission, including Rule 10b-18 of the Exchange Act. The renewed Share Repurchase Program has an expiration date of December 31, 2025, and does not obligate the Company to purchase any shares of its common stock. The Share Repurchase Program may be terminated or amended by the Board at any time prior to the expiration date. A copy of the Company's press release is filed as Exhibit 99.1 to this Current Report on Form 8-K .

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit No. Description 99.1 Press release, dated December 19, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SEACOAST BANKING CORPORATION OF FLORIDA Dated: December 19, 2024 /s/ Tracey L. Dexter Tracey L. Dexter Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR