First Commonwealth Financial Corporation announced a new $25.0 million share repurchase program of the company's common stock.
During the fourth quarter of 2025, First Commonwealth completed a $25.0 million common stock repurchase program, buying back 1,560,477 shares at a weighted average price of $16.02.
The company is authorized to repurchase shares through various methods compliant with federal securities laws.
Share Repurchase Program
Board of Directors authorized a new $25.0 million share repurchase program.
Completed Repurchase Program
Purchased 1,560,477 shares in the fourth quarter of 2025 at an average price of $16.02.
Authorization Methods
Authorized to repurchase shares through Rule 10b5-1 plans, open market purchases, and more.
- The share repurchase program indicates confidence in the company's financial position and future prospects.
- Buying back shares can signal to investors that the company believes its stock is undervalued.
- This move may lead to an increase in shareholder value in the long term.
First Commonwealth Financial Corporation's share repurchase program showcases its commitment to enhancing shareholder value and confidence in its financial strength.