BackSummary
FB Financial Corporation renewed its stock repurchase plan, authorizing up to $175 million for common stock repurchases through June 30, 2027.
Key takeaways
- Board renewed Repurchase Plan for up to $175 million of common stock, par value $1.00 per share.
- Authorization terminates on maximum amount repurchased or June 30, 2027, whichever earlier.
- Replaces previous authorization expiring January 31, 2027.
- Conducted under Rule 10b-18 and Rule 10b5-1 plans, open market or negotiated transactions.
- May be suspended or discontinued at any time without notice.
- Reflects strong financial position and focus on shareholder value per CEO.