FB Financial renews $150M stock repurchase plan
FB Financial Corporation reported that its board of directors has renewed the company’s stock repurchase plan.
Rhea-AI Filing Summary
FB Financial Corporation reported that its board of directors has renewed the company’s stock repurchase plan. Under this plan, the company may buy back up to $150,000,000 of its issued and outstanding common stock. The authorization will end once this dollar limit is reached or on January 31, 2027, whichever comes first.
The repurchases will be made under a written plan that is intended to comply with Rule 10b-18 under the Securities Exchange Act of 1934, which sets conditions for issuer share buybacks. The company noted that the repurchase plan may be suspended or discontinued at any time without notice. FB Financial also furnished a press release describing these matters as an exhibit.
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8-K Event Classification
FAQ
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