United Community Banks (NYSE: UCB) unveils new $100M common stock buyback program

Rhea-AI Filing Summary

United Community Banks, Inc. announced that its board has approved a new common stock repurchase program authorizing the company to buy back up to $100.0 million of its outstanding common shares. Repurchases may be made on the open market, through privately negotiated deals, or other methods that comply with securities laws.

The new authorization will be available after the company’s current repurchase program expires on December 31, 2025, and will run through December 31, 2026. United Community Banks has already repurchased $44 million of shares in 2025 under its existing program. The company can modify, suspend, or discontinue the new program at any time and is not obligated to repurchase a specific number of shares.

Insights

Banking equity & capital management analyst

UCB adds a flexible $100M share repurchase authorization starting in 2026.

United Community Banks, Inc. has approved a new common stock repurchase program authorizing up to $100.0 million of buybacks. The program will be available after the current plan expires on December 31, 2025 and extend through December 31, 2026, giving management a defined window to repurchase shares when they consider pricing and market conditions attractive.

The company discloses it has already repurchased $44 million of shares in 2025 under the existing authorization, indicating active use of buybacks as a capital management tool. The new program’s size and the ability to execute repurchases in the open market or privately negotiated transactions provide flexibility in how the company returns capital.

The authorization is discretionary: it may be modified, suspended, or discontinued at any time and does not commit the company to purchase any minimum amount. Actual repurchase volume will depend on factors such as stock price performance, broader market conditions, and alternative investment opportunities the company identifies over the life of the program.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): December 8, 2025

UNITED COMMUNITY BANKS, INC.

(Exact name of registrant as specified in its charter)

Georgia

001-35095

58-1807304

(State or other jurisdiction of incorporation)

(Commission file number)

(IRS Employer Identification No.)

200 East Camperdown Way

Greenville, South Carolina 29601

(Address of principal executive offices)

Registrant’s telephone number, including area code:

(800) 822-2651

Not applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

			☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
			☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
			☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
			☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of Each Class			Trading Symbol(s)			Name of Each Exchange on Which Registered
Common stock, par value $1 per share			UCB			New York Stock Exchange
Depositary shares, each representing 1/1,000th interest in a share of Series I Non-Cumulative Preferred Stock			UCB PRI			New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01   Other Events.

On December 8, 2025, United Community Banks, Inc. (the “Company”) issued a press release announcing that its Board of Directors has 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.

A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein.

Item 9.01   Financial Statements and Exhibits.

(d) Exhibits The following exhibit index lists the exhibits that are either filed or furnished with the Current Report on Form 8-K.

EXHIBIT INDEX

Exhibit No.			Description of Exhibit
99.1			United Community Banks, Inc. Press Release, dated December 8, 2025.
104			The cover page from this Current Report on Form 8-K, formatted in Inline XBRL.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

			UNITED COMMUNITY BANKS, INC.
			By:			/s/ Jefferson L. Harralson
			Name:			Jefferson L. Harralson
			Title:			Executive Vice President and Chief Financial Officer
Date:  December 8, 2025

FAQ

What did United Community Banks (UCB) announce regarding its stock repurchase plans?

United Community Banks announced a new common stock repurchase program authorizing the repurchase of up to $100.0 million of its outstanding common stock.

When will the new United Community Banks (UCB) repurchase program be in effect?

The new repurchase program may be used after the current program expires on December 31, 2025 and will be in place through December 31, 2026.

How much stock has United Community Banks (UCB) already repurchased in 2025?

United Community Banks has repurchased $44 million of its shares in 2025 under its current common stock repurchase program.

Is United Community Banks (UCB) required to buy back the full $100 million of stock?

No. The program is discretionary and does not commit the company to repurchase any specific number or value of shares.

How can United Community Banks (UCB) execute share repurchases under the new program?

The company may repurchase shares on the open market, in privately negotiated transactions, or in any other manner that complies with the Securities Exchange Act of 1934.

Can United Community Banks (UCB) change or cancel the new repurchase program?

Yes. The company may modify, suspend, or discontinue the stock repurchase program at any time in its discretion and without prior notice.