United Community Banks, Inc. announced the extension of its share repurchase program.
The Board of Directors approved a common stock repurchase program authorizing the repurchase of up to $100 million of outstanding common stock.
The Stock Repurchase Program allows repurchases from December 31, 2025, to December 31, 2026, with flexibility on timing and methods.
Repurchase Program Extension
Board approval for repurchasing $100 million of common stock with the current program expiring on December 31, 2025.
Flexibility in Repurchase
The Stock Repurchase Program provides flexibility in timing and methods for repurchasing.
Market Factors Considered
Repurchase decisions will be based on factors such as stock performance, market conditions, and investment opportunities.
- The extension of the Share Repurchase Program signals the company's confidence in its financial position and commitment to enhancing shareholder value.
- With $44 million already repurchased in 2025, the new $100 million program demonstrates a continued focus on returning value to shareholders.
United Community Banks, Inc.'s decision to extend the Share Repurchase Program reflects strategic financial planning and confidence in future growth.