Charles Schwab Investment Management Inc. Acquires 24,561 Shares of Independent Bank Corp. (NASDAQ:INDB)

Charles Schwab Investment Management Inc., a leading provider of investment management services, has recently acquired 24,561 shares of Independent Bank Corp. (NASDAQINDB) for an undisclosed amount. This acquisition is expected to strengthen the company's position in the financial industry and provide additional opportunities for growth.

Independent Bank Corp. is a regional bank headquartered in Florida, with operations in several states across the United States. The bank offers a range of financial services, including commercial banking, consumer banking, and wealth management. This acquisition by Charles Schwab Investment Management Inc. is expected to provide Independent Bank Corp. with access to additional resources and expertise, which will help the company expand its business and better serve its customers.

Charles Schwab Investment Management Inc. is a subsidiary of Charles Schwab Corporation, one of the largest financial services firms in the United States. The company provides investment management services to individuals, families, and businesses, as well as institutional clients. Charles Schwab Investment Management Inc. has a strong track record of delivering consistent returns for its clients and has been recognized for its commitment to excellence and innovation.

The acquisition of Independent Bank Corp.'s shares by Charles Schwab Investment Management Inc. is expected to be completed in the near future, subject to regulatory approval and other customary closing conditions. Once completed, this acquisition will provide both companies with new opportunities for growth and success.