FB Financial Corporation Authorizes New $175 Million Stock Repurchase Program

Key Facts

1FB Financial Corporation's board of directors authorized the repurchase of up to $175 million of its outstanding common stock.

2The new repurchase authorization is effective until June 30, 2027, replacing the previous authorization scheduled to expire in January 2027.

FB Financial Corporation's board of directors has authorized a new share repurchase program, allowing for the buyback of up to $175 million of its outstanding common stock. The new authorization is set to remain effective until June 30, 2027, replacing the company's previous program that was slated to expire in January 2027. This strategic move underscores the corporation's robust capital position and its ongoing commitment to delivering value to its shareholders. Under the plan, the company may purchase shares through open market transactions or private negotiations depending on prevailing market conditions. Stock buybacks are generally viewed by investors as a signal of management's confidence in the firm's long-term financial health. FB Financial, the parent company of FirstBank, continues to focus on disciplined capital allocation to drive growth.