| 2017-04-21 12:15:05|
IBOC 12:15 04/21 04/21/17
International Bancshares board approves extension of stock repurchase program
International Bancshares announced that on April 3, IBC's board of directors approved the extension of its stock repurchase program, again authorizing the repurchase of up to $40M of its common stock during the twelve-month period commencing on April 9. Since April 9, 2009, in March or April of each year, the board has authorized the repurchase of up to $40M of common stock within the next twelve months beginning on April 9 of that year, the company noted. Since April 9, 2009, until the present, IBC has repurchased approximately $58M of common stock, representing approximately 3,035,586 shares.