Northwest Bancshares (NWBI) Approves 4.75 Million Share Buyback Plan

Northwest Bancshares, Inc. (Nasdaq: NWBI) announced that its Board of Directors has authorized the repurchase of 4,750,000 shares, or approximately 5%, of the Company's outstanding common stock. This repurchase plan is in addition to the previously announced repurchase programs whereby the Board of Directors authorized the repurchase of 15%, or approximately 16,000,000 shares, of the Company's common stock, which are nearing completion.

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