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Commerce Bancshares will buy back up to 7,500,000 of its own shares.

PayoutRead the original at SEC EDGAR
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Commerce Bancshares approved a plan that can return money to shareholders and may leave fewer shares outstanding if used. It is favorable, but the filing sets a maximum and gives no purchase schedule.

CBSH · Commerce Bancshares, Inc.

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The AI's read

This gives Commerce a way to return money to shareholders and may leave fewer shares outstanding if it follows through. The filing sets a maximum, not a promise or schedule, so the benefit depends on actual purchases.

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