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Hancock Whitney Renews Share Repurchase Authorization
Businesswire· 2025-12-10 14:17
Core Viewpoint - Hancock Whitney Corporation has authorized a new stock buyback program allowing the purchase of up to 5% of its outstanding common stock, replacing the previous program that was fully utilized in Q4 2025 [1][2]. Group 1: Stock Buyback Program Details - The new Stock Buyback Program is effective from January 1, 2026, and will expire on December 31, 2026 [2]. - The company may repurchase shares through various methods including open market purchases, block purchases, accelerated share repurchase plans, and privately negotiated transactions, depending on market conditions [2]. - The Board of Directors retains the right to terminate or amend the Stock Buyback Program at any time before the expiration date [2]. Group 2: Company Background - Hancock Whitney has a long-standing history since the late 1800s, emphasizing core values such as Honor & Integrity, Strength & Stability, Commitment to Service, Teamwork, and Personal Responsibility [3]. - The company provides a wide range of financial products and services across multiple states, including traditional and online banking, commercial and small business banking, private banking, trust and investment services, healthcare banking, and mortgage services [3]. - Hancock Whitney operates combined loan and deposit production offices in metropolitan areas such as Nashville, Tennessee, and Atlanta, Georgia [3].