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Old Second Bancorp Doubles Authorized Common Stock Shares

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Old Second Bancorp Doubles Authorized Common Stock Shares

Confident Investing Starts Here:

The latest update is out from Old Second Bancorp ( (OSBC) ).

On May 23, 2025, Old Second Bancorp, Inc. filed a Certificate of Amendment to increase its authorized common stock shares from 60,000,000 to 120,000,000. This amendment was approved by stockholders at the annual meeting on May 20, 2025, potentially impacting the company’s capital structure and shareholder value.

The most recent analyst rating on (OSBC) stock is a Hold with a $17.00 price target. To see the full list of analyst forecasts on Old Second Bancorp stock, see the OSBC Stock Forecast page.

Spark’s Take on OSBC Stock

According to Spark, TipRanks’ AI Analyst, OSBC is a Outperform.

Old Second Bancorp’s strong financial performance, attractive valuation, and positive corporate event developments contribute significantly to the stock’s potential. The technical indicators and earnings call insights, while slightly less impactful, support a positive overall outlook.

To see Spark’s full report on OSBC stock, click here.

More about Old Second Bancorp

Average Trading Volume: 225,277

Technical Sentiment Signal: Buy

Current Market Cap: $756M

For detailed information about OSBC stock, go to TipRanks’ Stock Analysis page.

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