First Horizon (FHN) said late Tuesday its board authorized a new $1 billion common stock repurchase program that will expire Jan. 31, 2026.
The authorization replaces its previous repurchase program, which had roughly $174 million of remaining authorization and was scheduled to expire Jan. 31, 2025.
The board kept its quarterly dividend at $0.15 per share, payable Jan. 2 to shareholders of record Dec. 13.
Price: 17.44, Change: +0.15, Percent Change: +0.87
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