Regions Financial Corporation Announces Extension of Common Stock Repurchase Program
Regions Financial Corporation Announces Extension of Common Stock Repurchase Program
Previously announced repurchase program extended through the fourth quarter of 2025.
先前宣布的回购计划延长至2025年第四季度。
BIRMINGHAM, Ala.--(BUSINESS WIRE)-- The Regions Financial Corp. (NYSE:RF) Board of Directors on Tuesday authorized the extension of its previously announced common stock repurchase program through the fourth quarter of 2025. The repurchase program, initially announced on April 20, 2022, authorized the repurchase of up to $2.5 billion of the company's common stock for the period including the second quarter of 2022 through the fourth quarter of 2024. As of Sept. 30, 2024, Regions had repurchased approximately 31 million shares of common stock at a total cost of $557 million under this plan.
阿拉巴马州伯明翰--(美国商业资讯)--地区金融公司(纽约证券交易所代码:RF)董事会周二批准将其先前宣布的普通股回购计划延长至2025年第四季度。该回购计划最初于2022年4月20日宣布,授权在2022年第二季度至2024年第四季度期间回购高达25亿美元的公司普通股。截至2024年9月30日,各地区已根据该计划回购了约3100万股普通股,总成本为5.57亿美元。
The timing and exact amount of common stock repurchased will depend on various factors, including market conditions, internal capital generation and capital consumption through loan growth or other uses. The repurchase program does not include specific price targets; the repurchase program may be executed through open market purchases, accelerated share repurchase transactions or privately negotiated transactions, including utilizing Rule 10b5-1 programs, and the repurchase program may be suspended at any time.
回购普通股的时间和确切金额将取决于各种因素,包括市场状况、内部资本产生以及通过贷款增长或其他用途进行的资本消耗。回购计划不包括具体的价格目标;回购计划可以通过公开市场购买、加速股票回购交易或私下协商交易(包括使用规则10b5-1计划)来执行,回购计划可以随时暂停。
About Regions Financial Corporation
关于地区金融公司
Regions Financial Corporation (NYSE:RF), with $157 billion in assets, is a member of the S&P 500 Index and is one of the nation's largest full-service providers of consumer and commercial banking, wealth management, and mortgage products and services. Regions serves customers across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates approximately 1,250 banking offices and more than 2,000 ATMs. Regions Bank is an Equal Housing Lender and Member FDIC. Additional information about Regions and its full line of products and services can be found at .
Regions Financial Corporation(纽约证券交易所代码:RF)拥有1570亿美元的资产,是标准普尔500指数的成员,也是美国最大的消费和商业银行、财富管理以及抵押贷款产品和服务的全方位服务提供商之一。Regions为南部、中西部和德克萨斯州的客户提供服务,并通过其子公司Regions Bank运营约1,250个银行办公室和2,000多台自动柜员机。地区银行是平等住房贷款人和联邦存款保险公司成员。有关地区及其全线产品和服务的更多信息,请访问。
Jeremy D. King
Regions Bank
Regions News Online: regions.doingmoretoday.com
Regions Media Line: 205-264-4551
杰里米 ·D. 金
地区银行
在线地区新闻:regions.doingmoretoday.com
地区媒体专线:205-264-4551
Source: Regions Financial Corporation
来源:地区金融公司