BuybackMay 19, 2026, 04:22 PM

FB Bancorp Completes 2nd Stock Buyback, Repurchases 1.78M Shares

AI Summary

FB Bancorp, Inc. announced the completion of its second stock repurchase program, buying back 1,785,375 shares, representing 10% of its outstanding common stock. The shares were repurchased at an average price of $13.717 per share, including trading costs and commissions. The company plans to continue exploring capital management tools, including a potential third buyback program, to enhance shareholder value.

Key Highlights

Completed second stock repurchase program.
Repurchased 1,785,375 shares of common stock.
Shares represent 10% of then outstanding shares.
Average repurchase price was $13.717 per share.
Program inclusive of trading costs and commissions.
Company exploring possibility of a third stock repurchase program.

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FB Bancorp, Inc. /MD/

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