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German American Bancorp Director Resigns Amid Merger Plans

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German American Bancorp Director Resigns Amid Merger Plans

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The latest update is out from German American Bancorp ( (GABC) ).

Thomas W. Seger, a director at German American Bancorp, Inc., announced his resignation effective December 31, 2024, to provide the Board with more flexibility in director appointments, particularly in light of a planned merger with Heartland BancCorp. His departure is amicable and not due to any disagreements with the company’s policies or operations. As a gesture, the company will accelerate the vesting of his restricted stock.

More about German American Bancorp

YTD Price Performance: 41.45%

Average Trading Volume: 79,858

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $1.32B

See more insights into GABC stock on TipRanks’ Stock Analysis page.

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