Seacoast Banking announces share repurchase program renewal

Seacoast Banking (SBCF) Corporation of Florida announced that on December 19, 2025, its Board of Directors renewed the company’s share repurchase program, which was set to expire on December 31, 2025. Under the renewed repurchase program, which will expire on December 31, 2026, the company may repurchase, from time to time, up to $150M of its shares of common stock, an increase over the current repurchase program. This represents approximately 5% of the company’s outstanding common stock. The repurchase program permits shares to be repurchased in the open market, by block purchase, in privately negotiated transactions, in one or more 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. Open market purchases will be conducted in accordance with the limitations set forth in Rule 10b-18 of the Exchange Act and other applicable legal and regulatory requirements.