Foresight Financial Group, Inc. (FGFH) Friday announced a Board approval to repurchase up to $5 million of its common stock, which will remain in effect until June 30, 2027.
The bank holding company headquartered in Illinois adopted a trading plan under the Rule 10b5-1 Plan, and accordingly third-party broker will have the authority to repurchase shares on its behalf. Purchases will be in accordance with the limitations set forth in, Rule 10b-18 under the Exchange Act and other applicable legal requirements.
Peter Morrison, chief executive officer said, "We are pleased to be offering this program as a source of liquidity to our shareholders and believe that the repurchase of shares at the current market price will create value for our shareholders."
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.