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style="font-family:'Times New (WE)';font-size:10pt;text-align:center;margin:0pt;"><b style="font-size:12pt;font-weight:bold;">SECURITIES AND EXCHANGE COMMISSION</b></p><p style="font-family:'Times New (WE)';font-size:10pt;text-align:center;margin:0pt;"><b style="font-weight:bold;white-space:pre-wrap;">Washington, D.C.  20549</b></p><p style="font-family:'Times New (WE)';font-size:10pt;text-align:center;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New (WE)';font-size:18pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">FORM </b><ix:nonNumeric contextRef="Duration_3_12_2020_To_3_12_2020_zBF4bdeIoEqxRCJj3ZSy7A" name="dei:DocumentType" id="Narr_vgZUkwTAlkyqu5_td-_Jlw"><b style="font-weight:bold;">8-K</b></ix:nonNumeric></p><p style="font-family:'Times New (WE)';font-size:10pt;text-align:center;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New 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style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Times New (WE)';font-size:10pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">&#8203;</span></p></div></div></td></tr><tr><td style="vertical-align:top;width:15%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New (WE)';font-size:10pt;text-align:justify;margin:0pt;"><span style="font-weight:bold;visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:top;width:35%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New (WE)';font-size:10pt;text-align:center;margin:0pt;"><ix:nonNumeric contextRef="Duration_3_12_2020_To_3_12_2020_zBF4bdeIoEqxRCJj3ZSy7A" name="dei:EntityAddressAddressLine1" id="Narr_SpPKdX_LfkWRztPpHfQnZA"><b style="font-weight:bold;">1200 San Bernardo</b></ix:nonNumeric><b style="font-weight:bold;">, </b><ix:nonNumeric 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style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Times New (WE)';font-size:10pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">&#8203;</span></p></div></div></td><td style="vertical-align:top;width:20.33%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Times New (WE)';font-size:10pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">&#8203;</span></p></div></div></td><td style="vertical-align:top;width:2.77%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Times New (WE)';font-size:10pt;margin:0pt;"><span 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(WE)';font-size:10pt;text-align:center;margin:0pt;"><b style="font-family:'Times New Roman';font-weight:bold;">Title of Each Class:</b></p></td><td style="vertical-align:top;width:2.8%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New (WE)';font-size:10pt;text-align:center;margin:0pt;"><span style="font-family:'Wingdings';font-weight:bold;visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:top;width:20.33%;border-bottom:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New (WE)';font-size:10pt;text-align:center;margin:0pt;"><b style="font-family:'Times New Roman';font-weight:bold;">Trading Symbol (s):</b></p></td><td style="vertical-align:top;width:2.77%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New (WE)';font-size:10pt;text-align:center;margin:0pt;"><span style="font-family:'Wingdings';font-weight:bold;visibility:hidden;">&#8203;</span></p></td><td colspan="2" style="vertical-align:top;width:44.44%;border-bottom:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New (WE)';font-size:10pt;text-align:center;margin:0pt;"><b style="font-family:'Times New Roman';font-weight:bold;">Name of each exchange on which registered:</b></p></td></tr><tr><td style="vertical-align:top;width:29.62%;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New (WE)';font-size:10pt;text-align:center;margin:0pt;"><ix:nonNumeric contextRef="Duration_3_12_2020_To_3_12_2020_zBF4bdeIoEqxRCJj3ZSy7A" name="dei:Security12bTitle" id="Narr_x5DEPC1DrkuK6ZBruIs-3Q"><span style="font-family:'Times New Roman';">Common Stock</span></ix:nonNumeric><span style="font-family:'Times New Roman';">, $1.00 par value</span></p></td><td style="vertical-align:top;width:2.8%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New (WE)';font-size:10pt;text-align:center;margin:0pt;"><span style="font-family:'Wingdings';visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:top;width:20.33%;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New (WE)';font-size:10pt;text-align:center;margin:0pt;"><ix:nonNumeric contextRef="Duration_3_12_2020_To_3_12_2020_zBF4bdeIoEqxRCJj3ZSy7A" name="dei:TradingSymbol" id="Tc_Tm3bgDsSW061JA0XHlEG_w_2_2"><span style="font-family:'Times New Roman';">IBOC</span></ix:nonNumeric></p></td><td style="vertical-align:top;width:2.77%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New (WE)';font-size:10pt;text-align:center;margin:0pt;"><span style="font-family:'Times New Roman';visibility:hidden;">&#8203;</span></p></td><td colspan="2" style="vertical-align:top;width:44.44%;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New (WE)';font-size:10pt;text-align:center;margin:0pt;"><ix:nonNumeric contextRef="Duration_3_12_2020_To_3_12_2020_zBF4bdeIoEqxRCJj3ZSy7A" format="ixt-sec:exchnameen" name="dei:SecurityExchangeName" id="Tc_fkwXfAzQRUii72FVktjBzw_2_4"><span style="font-family:'Times New Roman';">NASDAQ</span></ix:nonNumeric></p></td></tr></table><p style="font-family:'Times New (WE)';font-size:10pt;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New (WE)';font-size:10pt;margin:0pt;">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.below):</p><p style="font-family:'Times New (WE)';font-size:10pt;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New (WE)';font-size:10pt;margin:0pt;"><ix:nonNumeric contextRef="Duration_3_12_2020_To_3_12_2020_zBF4bdeIoEqxRCJj3ZSy7A" format="ixt-sec:boolballotbox" name="dei:WrittenCommunications" id="Narr_dB0gVfuP70GC3lNaP1s3cg"><span style="font-family:'Segoe UI Symbol';">&#9744;</span></ix:nonNumeric> Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</p><p style="font-family:'Times New (WE)';font-size:10pt;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New (WE)';font-size:10pt;margin:0pt;"><ix:nonNumeric contextRef="Duration_3_12_2020_To_3_12_2020_zBF4bdeIoEqxRCJj3ZSy7A" format="ixt-sec:boolballotbox" name="dei:SolicitingMaterial" id="Narr_CpxbKaIFGEGU7EJPct7gJg"><span style="font-family:'Segoe UI Symbol';">&#9744;</span></ix:nonNumeric> Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</p><p style="font-family:'Times New (WE)';font-size:10pt;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New (WE)';font-size:10pt;margin:0pt;"><ix:nonNumeric contextRef="Duration_3_12_2020_To_3_12_2020_zBF4bdeIoEqxRCJj3ZSy7A" format="ixt-sec:boolballotbox" name="dei:PreCommencementTenderOffer" id="Narr_4U8KtpZ1ZUCgrZ7Pnc_Fag"><span style="font-family:'Segoe UI Symbol';">&#9744;</span></ix:nonNumeric> Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</p><p style="font-family:'Times New (WE)';font-size:10pt;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New (WE)';font-size:10pt;margin:0pt;"><ix:nonNumeric contextRef="Duration_3_12_2020_To_3_12_2020_zBF4bdeIoEqxRCJj3ZSy7A" format="ixt-sec:boolballotbox" name="dei:PreCommencementIssuerTenderOffer" id="Narr__SKt8b44gUGH-f0wCYxBUw"><span style="font-family:'Segoe UI Symbol';">&#9744;</span></ix:nonNumeric><span style="white-space:pre-wrap;"> Pre-commencement communications pursuant to Rule 13e-4 (c )  under the Exchange Act (17 CFR 240.13e-4 (c))</span></p><p style="font-family:'Times New (WE)';font-size:10pt;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New (WE)';font-size:10pt;margin:0pt;"><span style="font-family:'Times New Roman';">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (&#167;240.12b-2 of this chapter).</span></p><p style="font-family:'Times New (WE)';font-size:10pt;margin:0pt;"><span style="font-family:'Times New Roman';font-size:8pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New (WE)';font-size:10pt;margin:0pt;"><span style="font-family:'Times New Roman';">Emerging growth company </span><ix:nonNumeric contextRef="Duration_3_12_2020_To_3_12_2020_zBF4bdeIoEqxRCJj3ZSy7A" format="ixt-sec:boolballotbox" name="dei:EntityEmergingGrowthCompany" id="Narr_oY3p_fm9OEyacm_a9hkSZw"><span style="font-family:'Segoe UI Symbol';">&#9744;</span></ix:nonNumeric></p><p style="font-family:'Times New (WE)';font-size:10pt;margin:0pt;"><span style="font-family:'Times New Roman';font-size:8pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New (WE)';font-size:10pt;margin:0pt;"><span style="font-family:'Times New Roman';">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. </span><span style="font-family:'Segoe UI Symbol';">&#9744;</span></p><p style="font-family:'Times New (WE)';font-size:10pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New (WE)';font-size:10pt;margin:0pt;"><span style="font-size:4pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New (WE)';font-size:10pt;margin:0pt;"><span style="font-size:6pt;visibility:hidden;">&#8203;</span></p></div></div>
<div style="background-color:#000000;clear:both;height:2pt;page-break-after:always;width:79.41%;border:0;margin:30pt 10.29% 30pt 10.29%;"></div><div style="max-width:100%;padding-left:10.29%;padding-right:10.29%;position:relative;"><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Times New (WE)';font-size:10pt;padding-left:72pt;text-indent:-72pt;margin:0pt;"><b style="font-family:'Times New Roman';font-weight:bold;">Item 8.01&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Other Events.</b></p><p style="font-family:'Times New (WE)';font-size:10pt;margin:0pt;"><span style="font-family:'Times New Roman';visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New (WE)';font-size:10pt;margin:0pt;"><span style="font-family:'Times New Roman';white-space:pre-wrap;">On March 12, 2020, the Board of Directors of International Bancshares Corporation (&#8220;IBC&#8221;) approved the extension of IBC&#8217;s stock repurchase program by authorizing the repurchase of up to $50 million of IBC common stock during the twelve month period commencing on March 16, 2020 (previous annual stock repurchase programs began on April 9).  As of the close of business on March 12, 2020, IBC also had approximately $10 million that remains available under last year&#8217;s repurchase program, which began on April 9, 2019, and which IBC&#8217;s Board also extended during its March 12, 2020 meeting to end on the day after the third full business day following IBC&#8217;s filing of its Form 10-Q for the quarter ending March 31, 2020, pursuant to IBC&#8217;s Statement of Company Policy on Securities Trades by Directors, Officers and Employees.</span></p><p style="font-family:'Times New (WE)';font-size:10pt;margin:0pt;"><span style="font-family:'Times New Roman';visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New (WE)';font-size:10pt;margin:0pt;"><span style="font-family:'Times New Roman';">All of the information furnished in Item 8.01 of this report and the accompanying exhibit is also intended to be included under &#8220;Item 7.01 &#8212; Regulation Fair Disclosure&#8221; and shall not be deemed to be &#8220;filed&#8221; for the purposes of Section 18 of the Securities and Exchange Act of 1934, as amended, is not subject to the liabilities of that section and shall not be incorporated by reference in any filing under the Securities Act of 1933, as amended.</span></p><p style="font-family:'Times New (WE)';font-size:10pt;margin:0pt;"><span style="font-family:'Times New Roman';visibility:hidden;">&#8203;</span></p></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New (WE)';font-size:10pt;text-align:center;margin:24pt 0pt 0pt 0pt;">2</p></div></div>
<div style="background-color:#000000;clear:both;height:2pt;page-break-after:always;width:79.41%;border:0;margin:30pt 10.29% 30pt 10.29%;"></div><div style="max-width:100%;padding-left:10.29%;padding-right:10.29%;position:relative;"><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Times New (WE)';font-size:10pt;text-align:center;margin:0pt;"><b style="font-family:'Times New Roman';font-weight:bold;">SIGNATURES</b></p><p style="font-family:'Times New (WE)';font-size:10pt;margin:0pt;"><span style="font-family:'Times New Roman';visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New (WE)';font-size:10pt;text-indent:36pt;margin:0pt;"><span style="font-family:'Times New Roman';">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</span></p><p style="font-family:'Times New (WE)';font-size:10pt;margin:0pt;"><span style="font-family:'Times New Roman';visibility:hidden;">&#8203;</span></p><table style="border-collapse:collapse;font-size:16pt;margin-left:auto;margin-right:auto;padding-left:0pt;padding-right:0pt;width:100%;"><tr style="height:1pt;"><td style="vertical-align:top;width:50%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"></div></div></td><td style="vertical-align:top;width:4%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"></div></div></td><td style="vertical-align:top;width:45.99%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"></div></div></td></tr><tr><td style="vertical-align:top;width:50%;margin:0pt;padding:0pt;"><p style="font-family:'Times New (WE)';font-size:1pt;margin:0pt;"><span style="font-family:'Times New Roman';">&#160;</span></p></td><td colspan="2" style="vertical-align:top;width:50%;margin:0pt;padding:0pt;"><p style="font-family:'Times New (WE)';font-size:10pt;margin:0pt;"><b style="font-family:'Times New Roman';font-weight:bold;">INTERNATIONAL BANCSHARES CORPORATION</b></p></td></tr><tr><td style="vertical-align:top;width:50%;margin:0pt;padding:0pt;"><p style="font-family:'Times New (WE)';font-size:1pt;margin:0pt;"><span style="font-family:'Times New Roman';">&#160;</span></p></td><td colspan="2" style="vertical-align:top;width:50%;margin:0pt;padding:0pt;"><p style="font-family:'Times New (WE)';font-size:10pt;margin:0pt;"><span style="font-family:'Times New Roman';">(Registrant)</span></p></td></tr><tr><td style="vertical-align:top;width:50%;margin:0pt;padding:0pt;"><p style="font-family:'Times New (WE)';font-size:10pt;margin:0pt;"><span style="font-family:'Times New Roman';">&#160;</span></p></td><td colspan="2" style="vertical-align:top;width:50%;margin:0pt;padding:0pt;"><p style="font-family:'Times New (WE)';font-size:10pt;margin:0pt;"><span style="font-family:'Times New Roman';">&#160;</span></p></td></tr><tr><td style="vertical-align:top;width:50%;margin:0pt;padding:0pt;"><p style="font-family:'Times New (WE)';font-size:10pt;margin:0pt;"><span style="font-family:'Times New Roman';">&#160;</span></p></td><td colspan="2" style="vertical-align:top;width:50%;margin:0pt;padding:0pt;"><p style="font-family:'Times New (WE)';font-size:10pt;margin:0pt;"><span style="font-family:'Times New Roman';">&#160;</span></p></td></tr><tr><td style="vertical-align:top;width:50%;margin:0pt;padding:0pt;"><p style="font-family:'Times New (WE)';font-size:10pt;margin:0pt;"><span style="font-family:'Times New Roman';visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:top;width:4%;margin:0pt;padding:0pt;"><p style="font-family:'Times New (WE)';font-size:10pt;margin:0pt;"><span style="font-family:'Times New Roman';">By:</span></p></td><td style="vertical-align:top;width:45.99%;border-bottom:1.0pt solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New (WE)';font-size:10pt;margin:0pt;"><span style="font-family:'Times New Roman';">/s/ Dennis E. Nixon</span></p></td></tr><tr><td style="vertical-align:top;width:50%;margin:0pt;padding:0pt;"><p style="font-family:'Times New (WE)';font-size:10pt;margin:0pt;"><span style="font-family:'Times New Roman';visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:top;width:4%;margin:0pt;padding:0pt;"><p style="font-family:'Times New (WE)';font-size:1pt;margin:0pt;"><span style="font-family:'Times New Roman';">&#160;</span></p></td><td style="vertical-align:top;width:45.99%;margin:0pt;padding:0pt;"><p style="font-family:'Times New (WE)';font-size:10pt;margin:0pt;"><span style="font-family:'Times New Roman';">Dennis E. Nixon, President and</span></p></td></tr><tr><td style="vertical-align:top;width:50%;margin:0pt;padding:0pt;"><p style="font-family:'Times New (WE)';font-size:1pt;margin:0pt;"><span style="font-family:'Times New Roman';">&#160;</span></p></td><td style="vertical-align:top;width:4%;margin:0pt;padding:0pt;"><p style="font-family:'Times New (WE)';font-size:1pt;margin:0pt;"><span style="font-family:'Times New Roman';">&#160;</span></p></td><td style="vertical-align:top;width:45.99%;margin:0pt;padding:0pt;"><p style="font-family:'Times New (WE)';font-size:10pt;margin:0pt;"><span style="font-family:'Times New Roman';">CEO</span></p></td></tr><tr><td style="vertical-align:top;width:50%;margin:0pt;padding:0pt;"><p style="font-family:'Times New (WE)';font-size:10pt;margin:0pt;"><span style="font-family:'Times New Roman';">&#160;</span></p></td><td colspan="2" style="vertical-align:top;width:50%;margin:0pt;padding:0pt;"><p style="font-family:'Times New (WE)';font-size:10pt;margin:0pt;"><span style="font-family:'Times New Roman';">&#160;</span></p></td></tr><tr><td style="vertical-align:top;width:50%;margin:0pt;padding:0pt;"><p style="font-family:'Times New (WE)';font-size:10pt;margin:0pt;"><span style="font-family:'Times New Roman';">March 16, 2020</span></p></td><td colspan="2" style="vertical-align:top;width:50%;margin:0pt;padding:0pt;"><p style="font-family:'Times New (WE)';font-size:1pt;margin:0pt;"><span style="font-family:'Times New Roman';">&#160;</span></p></td></tr></table><p style="font-family:'Times New (WE)';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New (WE)';font-size:10pt;margin:0pt;"><span style="font-family:'Times New Roman';visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New (WE)';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New (WE)';font-size:10pt;text-align:center;margin:24pt 0pt 0pt 0pt;">3</p></div></div>
<div style="background-color:#000000;clear:both;height:2pt;margin-left:10.29%;margin-right:10.29%;margin-top:30pt;page-break-after:avoid;width:79.41%;border:0;"></div></body></html>
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{"company-data": {"conformed-name": "INTERNATIONAL BANCSHARES CORP", "cik": "0000315709", "assigned-sic": "6022", "irs-number": "742157138", "state-of-incorporation": "TX", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-09439", "film-number": "20716234"}, "business-address": {"street1": "12OO SAN BERNARDO AVE", "street2": "PO BOX 1359", "city": "LAREDO", "state": "TX", "zip": "78040-1359", "phone": "9567227611"}, "mail-address": {"street1": "P O BOX 1359", "street2": "1200 SAN BERNARDO", "city": "LAREDO", "state": "TX", "zip": "78040"}}
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549
​
FORM
8-K
​
CURRENT REPORT
Pursuant to Section 13 or 15 (d) of The Securities Exchange Act of 1934
​
Date of Report (Date of earliest event reported):
March 12, 2020
​
INTERNATIONAL BANCSHARES CORPORATION
(Exact name of registrant as specified in its charter)
​
​
​
​
​
​
Texas
​
000-9439
​
74-2157138
(State or other jurisdiction
​
(Commission File
​
(IRS Employer
of incorporation)
​
Number)
​
Identification No.)
​
​
​
​
​
​
​
1200 San Bernardo
,
Laredo
,
Texas
​
78040-1359
​
​
(Address of principal executive offices)
​
(Zip Code)
​
​
Registrant's telephone number, including area code
(
956
)
722-7611
​
None
(Former name or former address, if changed since last report)
​
Securities registered pursuant to Section 12(b) of the Act:
​
​
​
​
​
​
​
Title of Each Class:
​
Trading Symbol (s):
​
Name of each exchange on which registered:
Common Stock
, $1.00 par value
​
IBOC
​
NASDAQ
​
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.below):
​
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
​
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
​
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
​
☐
Pre-commencement communications pursuant to Rule 13e-4 (c )  under the Exchange Act (17 CFR 240.13e-4 (c))
​
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
​
Emerging growth company
☐
​
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
☐
​
​
​
Item 8.01           Other Events.
​
On March 12, 2020, the Board of Directors of International Bancshares Corporation ("IBC") approved the extension of IBC's stock repurchase program by authorizing the repurchase of up to $50 million of IBC common stock during the twelve month period commencing on March 16, 2020 (previous annual stock repurchase programs began on April 9).  As of the close of business on March 12, 2020, IBC also had approximately $10 million that remains available under last year's repurchase program, which began on April 9, 2019, and which IBC's Board also extended during its March 12, 2020 meeting to end on the day after the third full business day following IBC's filing of its Form 10-Q for the quarter ending March 31, 2020, pursuant to IBC's Statement of Company Policy on Securities Trades by Directors, Officers and Employees.
​
All of the information furnished in Item 8.01 of this report and the accompanying exhibit is also intended to be included under "Item 7.01 — Regulation Fair Disclosure" and shall not be deemed to be "filed" for the purposes of Section 18 of the Securities and Exchange Act of 1934, as amended, is not subject to the liabilities of that section and shall not be incorporated by reference in any filing under the Securities Act of 1933, as amended.
​
2
SIGNATURES
​
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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INTERNATIONAL BANCSHARES CORPORATION
(Registrant)
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By:
/s/ Dennis E. Nixon
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Dennis E. Nixon, President and
CEO
March 16, 2020
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