M&T Bank announces $4 billion share repurchase program, replacing prior program, positive.

From Nasdaq: 2025-01-22 17:30:42

M&T Bank Corporation (MTB) has announced a new share repurchase program, allowing for the buyback of up to $4.0 billion of M&T common stock. This program can be conducted through open market or privately negotiated transactions, replacing the prior $3.0 billion repurchase program authorized in July 2022, which will end on January 22. MTB closed Wednesday’s trading at $195.60, down 1.34 percent or $2.66 on the New York Stock Exchange.



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