ISBC 2017 Form 10-K & 2018 Proxy Statement

FORM 10-K 80 100 120 140 260 240 180 160 220 200 Period Ending 12/31/12 12/31/13 12/31/14 12/31/15 12/31/17 12/31/16 Index Value Investors Bancorp, Inc. Total Return Performance Investors Bancorp, Inc. SNL Bank and Thrift Index SNL Thrift Index Index 12/31/2012 12/31/2013 12/31/2014 12/31/2015 12/31/2016 12/31/2017 Investors Bancorp, Inc. 100.00 145.26 164.41 186.03 213.31 217.45 SNL U.S. Bank and Thrift 100.00 136.92 152.85 155.94 196.86 231.49 SNL U.S. Thrift 100.00 128.33 138.02 155.20 190.11 188.72 Source: S&P Global Market Intelligence, New York, NY Stock Repurchases The following table reports information regarding repurchases of our common stock during the quarter ended December 31, 2017 and the stock repurchase plans approved by our Board of Directors. Period Total Number of Shares Purchased (1)(2) Average Price paid Per Share As part of Publicly Announced Plans or Programs Yet to be Purchased Under the Plans or Programs October 1, 2017 through October 31, 2017 75,841 $13.53 74,300 17,365,176 November 1, 2017 through November 30, 2017 15,917 $13.69 — 17,365,176 December 1, 2017 through December 31, 2017 264 $14.20 — 17,365,176 Total 92,022 $13.56 74,300 (1) On April 28, 2016, the Company announced its third share repurchase program, which authorized the purchase of 10% of its publicly-held outstanding shares of common stock, or approximately 31,481,189 shares. The plan commenced upon the completion of the second repurchase plan on June 17, 2016. This program has no expiration date and has 17,365,176 shares yet to be repurchased as of December 31, 2017. (2) 17,722 shares were withheld to cover income taxes related to restricted stock vesting under our 2015 Equity Incentive Plan. Shares withheld to pay income taxes are repurchased pursuant to the terms of the 2015 Equity Incentive Plan and not under our share repurchase program. 50