tiprankstipranks
Independent Bank Group Merges with SouthState, Delists Stock
Company Announcements

Independent Bank Group Merges with SouthState, Delists Stock

Story Highlights

Don't Miss Our New Year's Offers:

Independent Bank Group ( (IBTX) ) just unveiled an update.

Independent Bank Group, operating under IBTX, has been involved in a merger resulting in significant changes to its structure and stock status. As of January 1, 2025, IBTX will no longer exist as a separate entity following its merger with SouthState, leading to the delisting of its common stock from NASDAQ. Consequently, IBTX’s reporting obligations will be suspended, and its former directors and executive officers have stepped down, with certain individuals transitioning to SouthState’s board.

More about Independent Bank Group

Average Trading Volume: 266,527

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $2.51B

For detailed information about IBTX stock, go to TipRanks’ Stock Analysis page.

Related Articles
TheFlyTen new option listings and five option delistings on January 2nd
TheFlySouth State closes merger with Independent Financial
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App