Fulton Financial Corporation Approves $75 Million Stock Repurchase Program
February 09 2021 - 4:30PM
Business Wire
Fulton Financial Corporation (Nasdaq: FULT) today announced that
its Board of Directors has approved the repurchase of up to $75
million of shares of Fulton’s common stock, or approximately 3.2
percent of Fulton’s outstanding shares, based on the closing price
of Fulton’s common stock and the number of shares outstanding on
February 5, 2021. This approval expires on December 31, 2021.
As permitted by securities laws and other legal requirements and
subject to market conditions and other factors, purchases may be
made from time to time in open market or privately negotiated
transactions, including without limitation, through accelerated
share repurchase transactions. The repurchase program may be
discontinued at any time.
Fulton Financial Corporation is a $26 billion financial holding
company that has approximately 3,300 employees and operates more
than 200 financial centers in Pennsylvania, Maryland, Delaware, New
Jersey and Virginia through Fulton Bank, N.A.
Additional information on Fulton Financial Corporation can be
found at www.fult.com.
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