Simmons First National Corporation Announces Common Stock Repurchase Program

Core Viewpoint - Simmons First National Corporation has authorized a new stock repurchase program allowing for the repurchase of up to $175 million of its Class A common stock, replacing the previous program that ended on January 31, 2026 [1] Group 1: Stock Repurchase Program - The new stock repurchase program will enable the company to buy back shares through open market and privately negotiated transactions, including Rule 10b5-1 programs [1] - The management will determine the timing, pricing, and amount of repurchases based on factors such as trading volume, market price, corporate considerations, and economic conditions [1] - The program is set to terminate on January 31, 2028, unless terminated sooner, and does not obligate the company to repurchase any stock [1] Group 2: Company Background - Simmons First National Corporation is a financial holding company based in the Mid-South, with a history of paying cash dividends for 116 consecutive years [1] - Its principal subsidiary, Simmons Bank, operates over 220 branches across several states including Arkansas, Kansas, Missouri, Oklahoma, Tennessee, and Texas [1] - The bank has received multiple recognitions, including being named one of America's Best Regional Banks and Credit Unions for 2026 by Newsweek [1]