United Community Banks, Inc. Announces Extension of Share Repurchase Program

United Community Banks (NYSE: UCB) announced a Board-approved common stock repurchase program authorizing up to $100.0 million of repurchases from January 1, 2026 through December 31, 2026.

Rhea-AI Summary

United Community Banks (NYSE: UCB) announced a Board-approved common stock repurchase program authorizing up to $100.0 million of repurchases from January 1, 2026 through December 31, 2026.

The program permits purchases on the open market, in privately negotiated transactions, or by other lawful means. The company repurchased $44 million of shares in 2025 under its current program. Repurchases may be modified, suspended or discontinued at the company’s discretion and are dependent on stock price, market conditions and other factors.

As of September 30, 2025, the company reported $28.1 billion in assets and operated 199 offices.

Positive

• Board authorized up to $100.0 million common stock repurchase
• Company repurchased $44 million of shares in 2025

Negative

• Repurchase program is not binding and may be suspended or discontinued
• Repurchases depend on market conditions and company discretion

Argus Dec 9 session

+0.64% close to close Open Argus

Details

News Market Reaction – UCB

On Dec 9, the first trading day after this news, UCB closed 0.64% above the previous close.

Data tracked by StockTitan Argus for the Dec 9 session.

Key Figures

Buyback authorization: $100.0 million 2025 repurchases: $44 million Program start: December 31, 2025 +5 more

Buyback authorization

$100.0 million

Maximum common stock repurchases under new program

2025 repurchases

$44 million

Shares repurchased in 2025 under current program

Program start

December 31, 2025

New program begins after current program expiration

Program end

December 31, 2026

Scheduled end date for new repurchase authorization

Total assets

$28.1 billion

As of September 30, 2025

Branch offices

199 offices

Operating across six southeastern states

J.D. Power awards

11-time winner

Highest customer satisfaction among consumer banks in Southeast

Best Banks to Work For

Eight consecutive years

Recognized by American Banker

Historical Context

5 past events · Latest: Nov 13

5 events

1. Nov 13

   Dividend declaration

   24h Move

   +0.9%

   Announced quarterly cash dividend of $0.25 per common share.

2. Nov 13

   Workplace award

   24h Move

   -0.5%

   Climbed 32 spots on 2025 Best Banks to Work For list.

3. Oct 22

   Quarterly earnings

   24h Move

   -0.5%

   Reported higher net income, EPS, revenue and loan growth in Q3 2025.

4. Sep 26

   Earnings call notice

   24h Move

   +0.6%

   Set date and time for Q3 2025 earnings release and conference call.

5. Sep 17

   Earnings update

   24h Move

   +1.0%

   Highlighted strong Q2 2025 results and improved net interest margin.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

common stock repurchase program, open market

2 terms

common stock repurchase program financial

"approved a common stock repurchase program, authorizing the repurchase of up to"

A common stock repurchase program is when a company uses cash to buy back its own shares from the market, reducing the number of shares available to outside owners. Think of it like a store buying back coupons so each remaining coupon becomes a slightly larger slice of ownership and potential earnings; for investors, buybacks can raise per-share profits, change ownership percentages, and signal how management chooses to use excess cash, which can affect stock value.

open market financial

"repurchase of up to $100.0 million of its outstanding common stock on the open market, in"

An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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GREENVILLE, S.C., Dec. 08, 2025 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NYSE: UCB) (the “Company”) today announced that the Company’s Board of Directors approved a common stock repurchase program, authorizing the repurchase of up to $100.0 million of its outstanding common stock on the open market, in privately negotiated transactions, or in any other manner that complies with the provisions of the Securities Exchange Act of 1934, as amended (the “Stock Repurchase Program”). The Company may make repurchases under the Stock Repurchase Program from time to time beginning after the expiration of its current common stock repurchase program on December 31, 2025, and ending on December 31, 2026. The Company has repurchased $44 million of shares in 2025 under its current common stock repurchase program.

The Stock Repurchase Program may be modified, suspended or discontinued at any time in the Company’s discretion without prior notice, and does not commit the Company to repurchase shares of its common stock. The actual number and value of the shares to be purchased will be determined by the Company at its discretion and will depend on a number of factors including the performance of the price of the Company’s common stock, other market conditions, the availability of alternative investment opportunities and other factors the Company deems appropriate.

About United Community Banks, Inc.
United Community Banks, Inc. (NYSE: UCB) is the financial holding company for United Community, a top 100 U.S. financial institution committed to building stronger communities and improving the financial health and well-being of its customers. United Community offers a full range of banking, mortgage and wealth management services. As of September 30, 2025, United Community Banks, Inc. had $28.1 billion in assets and operated 199 offices across Alabama, Florida, Georgia, North Carolina, South Carolina and Tennessee. The Company also manages a nationally recognized SBA lending franchise and a national equipment finance subsidiary, extending its reach to businesses across the country. United Community is an 11-time winner of J.D. Power’s award for highest customer satisfaction among consumer banks in the Southeast and was named the most trusted bank in the region in 2025. The Company has also been recognized eight consecutive years by American Banker as one of the “Best Banks to Work For.” In commercial banking, United Community earned five 2025 Greenwich Best Brand awards, including national honors for middle market satisfaction. Forbes has consistently named United Community among the World’s Best and America’s Best Banks. Learn more at ucbi.com.

For more information:
Jefferson Harralson
Chief Financial Officer
(864) 240-6208
Jefferson_Harralson@ucbi.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did United Community Banks (UCB) announce on December 8, 2025?

The company announced a Board-approved common stock repurchase program authorizing up to $100.0 million of repurchases for 2026.

How much stock did UCB repurchase in 2025 under its current program?

UCB repurchased $44 million of shares in 2025 under its current repurchase program.

When is the new UCB repurchase program effective and when does it end?

Repurchases may begin after the current program expires on December 31, 2025 and end on December 31, 2026.

How will UCB execute the $100.0 million repurchase program?

Repurchases may occur on the open market, in privately negotiated transactions, or by other lawful means permitted under the Securities Exchange Act.

Does the UCB repurchase program guarantee share buybacks?

No. The program may be modified, suspended or discontinued and does not commit the company to repurchase shares.

What company metrics did UCB disclose alongside the repurchase program?

As of September 30, 2025, UCB reported $28.1 billion in assets and operated 199 offices.