South Plains Financial Files 8-K on Feb 21st Event
Ticker: SPFI · Form: 8-K · Filed: Feb 26, 2024 · CIK: 1163668
| Field | Detail |
|---|---|
| Company | South Plains Financial, Inc. (SPFI) |
| Form Type | 8-K |
| Filed Date | Feb 26, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $1.00, $10.0 million, $10.0 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: administrative, 8-K, corporate-governance
TL;DR
**South Plains Financial just filed a routine 8-K, nothing major, just administrative info.**
AI Summary
South Plains Financial, Inc. filed an 8-K on February 26, 2024, reporting an event that occurred on February 21, 2024. The filing indicates the company's business address is 5219 City Bank Parkway, Lubbock, Texas, 79407, and its phone number is 806-792-7101. This 8-K is a Current Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
Why It Matters
This filing provides basic administrative details about South Plains Financial, Inc., confirming its current reporting obligations and contact information. It serves as a routine disclosure for investors and regulators.
Risk Assessment
Risk Level: low — The filing is a standard administrative 8-K with no specific event details that would indicate financial or operational risk.
Key Players & Entities
- SOUTH PLAINS FINANCIAL, INC. (company) — registrant
- February 21, 2024 (date) — date of earliest event reported
- February 26, 2024 (date) — filing date
- 5219 City Bank Parkway Lubbock , Texas 79407 (address) — principal executive offices
- 806-792-7101 (phone_number) — registrant's telephone number
FAQ
What is the exact name of the registrant as specified in its charter?
The exact name of the registrant as specified in its charter is South Plains Financial, Inc.
What was the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported was February 21, 2024.
Where are the principal executive offices of South Plains Financial, Inc. located?
The principal executive offices are located at 5219 City Bank Parkway, Lubbock, Texas, 79407.
What is the Commission File Number for South Plains Financial, Inc.?
The Commission File Number is 001-38895.
Under which sections of the Securities Exchange Act of 1934 is this report filed?
This report is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
Filing Stats: 483 words · 2 min read · ~2 pages · Grade level 10 · Accepted 2024-02-26 17:01:14
Key Financial Figures
- $1.00 — ich registered Common Stock, par value $1.00 per share SPFI The Nasdaq Stock Mar
- $10.0 million — new stock repurchase program for up to $10.0 million of the outstanding shares of the Compan
- $10.0 million — Repurchase Program by the Board or the $10.0 million designated for the Stock Repurchase Pro
Filing Documents
- ef20022460_8k.htm (8-K) — 27KB
- ef20022460_ex99-1.htm (EX-99.1) — 16KB
- image00001.jpg (GRAPHIC) — 6KB
- 0001140361-24-009525.txt ( ) — 191KB
- spfi-20240221.xsd (EX-101.SCH) — 4KB
- spfi-20240221_lab.xml (EX-101.LAB) — 22KB
- spfi-20240221_pre.xml (EX-101.PRE) — 16KB
- ef20022460_8k_htm.xml (XML) — 4KB
01
Item 8.01 Other Events. On February 21, 2024, the Board of Directors (the "Board") of South Plains Financial, Inc. (the "Company") approved a new stock repurchase program for up to $10.0 million of the outstanding shares of the Company's common stock (the "Stock Repurchase Program"). The Stock Repurchase Program will conclude on February 21, 2025, subject to the earlier termination or extension of the Stock Repurchase Program by the Board or the $10.0 million designated for the Stock Repurchase Program are depleted. A copy of the Company's press release announcing the Stock Repurchase Program is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. 99.1 Press release, dated February 26, 2024, announcing the Stock Repurchase Program. 104 Cover Page Interactive Data File (formatted as Inline XBRL).
SIGNATURES
SIGNATURES 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. SOUTH PLAINS FINANCIAL, INC. Dated: February 26, 2024 By: /s/ Steve B. Crockett Steven B. Crockett Chief Financial Officer and Treasurer