Truxton Corporation Announces Increased Quarterly Cash Dividend for 2026 and a $5 Million Repurchase Authorization

Core Viewpoint - Truxton Corporation has announced a significant increase in its quarterly cash dividend, reflecting strong financial performance and a commitment to returning value to shareholders [1] Dividend Announcement - The Board of Directors approved a quarterly cash dividend of $0.88 per common share, payable on March 24, 2026, to shareholders of record as of March 10, 2026 [1] - This represents a 76% increase over the 2025 regular quarterly dividend of $0.50 [1] - The annualized dividend of $3.52 is 17% higher than the total of $3.00 per share paid in 2025 [1] - Truxton Corporation has increased its dividends for fourteen consecutive years [1] Stock Repurchase Program - The Board has authorized a stock repurchase program allowing the Corporation to acquire up to $5 million of its common shares over a one-year period following the release of fourth quarter earnings [2] - Shares may be purchased in open-market or private transactions at management's discretion, subject to applicable securities laws [2] Program Flexibility - The share repurchase program can be extended, modified, amended, suspended, or discontinued at the Corporation's discretion [3] - The timing, number, and value of shares to be purchased will depend on various factors, including stock price performance and capital planning considerations [3] Company Overview - Truxton is a provider of wealth, banking, and family office services for wealthy individuals and their business interests [4] - Founded in 2004 in Nashville, Tennessee, Truxton emphasizes customized solutions for complex financial needs [4]