Hancock Whitney Corporation announced the renewal of its stock buyback program.
The new program allows the repurchase of up to 5% of the common stock outstanding as of December 31, 2025.
The previous stock buyback program, with 4.3 million shares available, was fully exhausted in the fourth quarter of 2025.
Stock Buyback Program Renewal
The Board authorized a new stock buyback program effective from January 1, 2026, to December 31, 2026.
Purchase Methods
Shares can be acquired through various means, including open market purchases and privately negotiated transactions.
Flexibility and Regulation
The program allows for termination or amendment by the Board and operates in compliance with SEC regulations.
- The renewal of the Stock Buyback Program reflects the company's confidence in its financial position and future outlook.
- Share repurchases indicate management's belief that current stock prices are undervalued.
Hancock Whitney's decision to renew the share repurchase authorization showcases its commitment to enhancing shareholder value and capital management strategies.