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#NASDAQ:IBOC

International Bancshares Corporation Announces $150 Million Stock Repurchase Program
March 12, 2025 – International Bancshares Corporation (NASDAQ: IBOC) has announced that its Board of Directors has approved a stock repurchase program authorizing the repurchase of up to $150 million of IBC common stock.

Key Details of the Repurchase Program:
Total Authorized Repurchase: Up to $150 million
Duration: The repurchase program will be effective from March 15, 2025, through March 15, 2026.
Purpose: The repurchase initiative aligns with IBC’s commitment to enhancing shareholder value and optimizing capital allocation.
Company Statement:
IBC reaffirmed its strong financial position and commitment to strategic capital management, ensuring long-term value creation for its investors.
International Bancshares Corporation Announces $150 Million Stock Repurchase Program
Laredo, TX – March 13, 2025 – International Bancshares Corporation (NASDAQ: IBOC) has announced a $150 million stock repurchase program, approved by its Board of Directors on March 12, 2025.

Program Duration: March 15, 2025 – March 15, 2026
Scope: Repurchase of up to $150 million in common stock
Purpose: Enhance shareholder value and manage capital structure
The program reflects IBC’s confidence in its financial position and commitment to returning capital to shareholders.
International Bancshares Corporation (IBC) announced a 6% increase in its quarterly cash dividend, raising it to seventy cents per share. The dividend is payable on February 28, 2025, to shareholders of record as of the close of business on February 14, 2025. The decision was approved by IBC’s Board of Directors on January 31, 2025.