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Fifth Third Rewards Shareholders With New Share Repurchase Program
五三银行五三银行(US:FITB) ZACKS·2025-06-18 02:26

Key Takeaways FITB approved a new 100Msharerepurchase,replacingitsprior11.8Mshareauthorization.Theplanhasnosetexpirationorpricecapandmayuseopenmarketorprivatetransactions.FITBalsoraiseditsdividendby5.7100M share repurchase, replacing its prior 11.8M-share authorization. The plan has no set expiration or price cap and may use open-market or private transactions. FITB also raised its dividend by 5.7% in 2024 and repurchased 225M in Q1 2025.Fifth Third Bancorp's (FITB) board of directors has approved a new share repurchase authorization of up to 100 million shares.The new authorization replaces the previous authorization announced in June 2019, under which 11.8 million ...