BuybackApr 14, 2026, 05:32 PM
FNB Hikes Dividend to $0.13, Authorizes $250M Buyback
AI Summary
F.N.B. Corporation announced an 8% increase in its quarterly cash dividend to $0.13 per share, payable on June 15, 2026. Additionally, the Board of Directors approved a new share repurchase program, authorizing the company to buy back up to $250 million of its common stock. This new program is in addition to the $50 million remaining from a previous authorization, signaling a strong commitment to returning capital to shareholders.
Key Highlights
- Quarterly cash dividend increased to $0.13 per share.
- New share repurchase program authorized for up to $250 million.
- Prior share repurchase program had $50 million remaining capacity.
- Dividend payable on June 15, 2026.