Fulton Financial Corporation Announces Increased Common Stock Dividend, Preferred Stock Dividend and $150 Million Repurchase Program

Core Viewpoint - Fulton Financial Corporation has declared an increase in its quarterly cash dividend and announced a share repurchase program, reflecting its financial strength and commitment to shareholder value [2]. Dividend Announcements - The Board declared a quarterly cash dividend of $0.19 per share on common stock, an increase of $0.01 from the previous dividend declared on September 16, 2025, payable on January 15, 2026, to shareholders of record as of December 31, 2025 [1]. - Additionally, a quarterly dividend of $12.81 per share on Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A, was declared, also payable on January 15, 2026, for the period from October 15, 2025, to January 15, 2026 [3]. Share Repurchase Program - The Board approved a share repurchase program with an aggregate principal amount not to exceed $150 million, commencing on January 1, 2026, and expiring on January 31, 2027. Up to $25 million may be allocated for repurchasing Preferred Stock and subordinated notes [4]. - The repurchase may occur through open market transactions, privately negotiated transactions, or other means, and is subject to management's discretion based on various factors including capital position and market conditions [4]. Company Overview - Fulton Financial Corporation is a financial holding company based in Lancaster, Pennsylvania, with assets totaling $32 billion and over 3,300 employees, operating more than 200 financial centers across Pennsylvania, New Jersey, Maryland, Delaware, and Virginia [5].

Fulton Financial Corporation Announces Increased Common Stock Dividend, Preferred Stock Dividend and $150 Million Repurchase Program - Reportify