Nicolet Bankshares, Inc. Announces Increase to Share Repurchase Program

GREEN BAY, Wis., Dec. 22, 2021 /PRNewswire/ -- Nicolet Bankshares, Inc. (NASDAQ: NCBS) ("Nicolet" or the "Company"), the holding company of Nicolet National Bank, a Wisconsin-based community bank, announced that its Board of Directors authorized an increase to the Company's common stock repurchase program on December 21, 2021. Under the terms of the amendment, the Board authorized the Company to buy back up to an additional $50 million of the Company's outstanding shares, representing approximately 5% of its currently outstanding common stock. This amendment, coupled with previous remaining repurchase authorizations of $31 million, provides the Company with the ability to repurchase up to $81 million of its common stock.

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