Trustmark Corporation (NASDAQ: TRMK) sets $100M share buyback for 2026
Rhea-AI Filing Summary
Trustmark Corporation disclosed that its board has authorized a new stock repurchase program allowing the company to buy back up to $100.0 million of its common shares. The program becomes effective on January 1, 2026 and runs through December 31, 2026, replacing the current authorization that expires on December 31, 2025.
The company may repurchase shares at prevailing market prices through open market or privately negotiated transactions, and can discontinue purchases at management’s discretion. As of October 31, 2025, Trustmark had 59,958,255 common shares outstanding, giving a sense of the potential scale of the new buyback authorization.
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Insights
Trustmark sets a new $100M buyback framework for 2026.
Trustmark Corporation has approved a new stock repurchase program authorizing up to $100.0 million of common share repurchases from January 1, 2026 through December 31, 2026. This replaces the existing program that expires on December 31, 2025, indicating a continuation of board-supported capital return via buybacks.
The disclosure notes that repurchases may occur through open market or privately negotiated transactions at prevailing market prices and may be discontinued at management’s discretion. Actual buyback activity therefore depends on future market conditions, internal capital needs, and regulatory considerations, even though the company has already notified the Board of Governors of the Federal Reserve System about the new program.
As of October 31, 2025, the company had 59,958,255 shares outstanding, which helps frame the relative scale of a $100.0 million authorization. Subsequent quarterly and annual filings will show how much of this authorization, if any, is ultimately used and how it affects share count over the life of the program.
8-K Event Classification
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Item 8.01. Other Events.
Trustmark Corporation (the "Company") announced that, effective January 1, 2026, the Board of Directors has authorized a new stock repurchase program under which up to $100.0 million of its outstanding common shares may be acquired through December 31, 2026. The adoption of the Company’s share repurchase program follows the notification of the new share repurchase program by the Company to the Board of Governors of the Federal Reserve System. This authorization replaces the Company’s prior stock repurchase program, which will expire in accordance with its terms on December 31, 2025.
The shares may be purchased from time to time at prevailing market prices, through open market or privately negotiated transactions, depending on market conditions. There is no guarantee as to the number or aggregate market value of shares that may be repurchased by the Company, and the Company may discontinue purchases at any time at management’s discretion. As of October 31, 2025, the Company had 59,958,255 shares outstanding.
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.
TRUSTMARK CORPORATION
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/s/ Thomas C. Owens |
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Thomas C. Owens |
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Treasurer and Principal Financial Officer |
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December 3, 2025 |
FAQ
What stock repurchase program did Trustmark Corporation (TRMK) announce?
Trustmark Corporation announced a new stock repurchase program under which it may buy back up to $100.0 million of its outstanding common shares. The program is authorized by the board of directors and is intended to allow the company to repurchase its own stock over a defined period.
What happens to Trustmark’s existing stock repurchase program?
The newly authorized program replaces Trustmark’s prior stock repurchase program. The existing program will expire in accordance with its terms on December 31, 2025, after which the new authorization will govern any further repurchases.