Fulton Financial Corporation Announces Increased Common Stock Dividend, Preferred Stock Dividend and $125 Million Repurchase Program
Fulton Financial (FULT) has announced three key financial decisions: First, a quarterly cash dividend increase of one cent to $0.18 per common share, payable January 15, 2025, representing a nearly 6% increase. Second, a quarterly dividend of $12.81 per share on its Preferred Stock Series A. Third, approval of a new $125 million share repurchase program for 2025, including up to $25 million for preferred stock repurchases.
The program will run from January 1 to December 31, 2025, with purchases to be made through open market transactions or private negotiations. The Lancaster-based financial holding company, with over $30 billion in assets, operates more than 200 financial centers across five states through Fulton Bank.
Fulton Financial (FULT) ha annunciato tre decisioni finanziarie chiave: In primo luogo, un aumento del dividendo in contante trimestrale di un centesimo a $0,18 per azione ordinaria, pagabile il 15 gennaio 2025, che rappresenta un incremento di quasi il 6%. In secondo luogo, un dividendo trimestrale di $12,81 per azione sulle sue azioni privilegiate di Serie A. In terzo luogo, l'approvazione di un nuovo programma di riacquisto di azioni da $125 milioni per il 2025, che include fino a $25 milioni per il riacquisto di azioni privilegiate.
Il programma si svolgerà dal 1 gennaio al 31 dicembre 2025, con acquisti da effettuare tramite transazioni di mercato aperto o negoziazioni private. La società di holding finanziaria con sede a Lancaster, con oltre $30 miliardi di attivi, gestisce più di 200 centri finanziari in cinque stati tramite Fulton Bank.
Fulton Financial (FULT) ha anunciado tres decisiones financieras clave: Primero, un aumento del dividendo en efectivo trimestral de un centavo a $0.18 por acción ordinaria, pagadero el 15 de enero de 2025, lo que representa un aumento de casi el 6%. En segundo lugar, un dividendo trimestral de $12.81 por acción en sus acciones preferentes de la Serie A. En tercer lugar, la aprobación de un nuevo programa de recompra de acciones por $125 millones para 2025, que incluye hasta $25 millones para la recompra de acciones preferentes.
El programa se llevará a cabo del 1 de enero al 31 de diciembre de 2025, con compras que se realizarán a través de transacciones en el mercado abierto o negociaciones privadas. La compañía de holding financiero con sede en Lancaster, con más de $30 mil millones en activos, opera más de 200 centros financieros en cinco estados a través de Fulton Bank.
풀턴 파이낸셜 (FULT)은 세 가지 주요 재정 결정을 발표했습니다: 첫째, 보통주에 대해 주당 0.18달러로 1센트 증가된 분기 현금 배당금을 발표했으며, 이는 2025년 1월 15일에 지급되며 약 6% 증가를 나타냅니다. 둘째, A계열 우선주에 대한 주당 12.81달러의 분기 배당금입니다. 셋째, 2025년을 위한 1억 2500만 달러 규모의 새로운 자사주 매입 프로그램을 승인하였으며, 이 중 2500만 달러는 우선주 매입에 사용할 수 있습니다.
이 프로그램은 2025년 1월 1일부터 12월 31일까지 진행되며, 매입은 공개 시장 거래 또는 사적인 협상을 통해 이루어질 것입니다. 300억 달러 이상의 자산을 보유한 랭커스터에 본사를 둔 이 재무 지주 회사는 풀턴 뱅크를 통해 5개 주에서 200개 이상의 금융 센터를 운영하고 있습니다.
Fulton Financial (FULT) a annoncé trois décisions financières clés : Premièrement, une augmentation du dividende en espèces trimestriel d'un cent à 0,18 $ par action ordinaire, payable le 15 janvier 2025, représentant une augmentation d'environ 6 %. Deuxièmement, un dividende trimestriel de 12,81 $ par action sur ses actions privilégiées de la série A. Troisièmement, l'approbation d'un nouveau programme de rachat d'actions de 125 millions de dollars pour 2025, dont jusqu'à 25 millions de dollars pour le rachat d'actions privilégiées.
Le programme se déroulera du 1er janvier au 31 décembre 2025, avec des achats devant être effectués par le biais de transactions sur le marché ouvert ou de négociations privées. La société de holding financière basée à Lancaster, avec plus de 30 milliards de dollars d'actifs, exploite plus de 200 centres financiers dans cinq États via Fulton Bank.
Fulton Financial (FULT) hat drei wichtige finanzielle Entscheidungen bekannt gegeben: Erstens, eine Erhöhung der vierteljährlichen Bar-Dividende um einen Cent auf 0,18 US-Dollar pro Stammaktie, zahlbar am 15. Januar 2025, was eine nahezu 6%ige Erhöhung darstellt. Zweitens, eine vierteljährliche Dividende von 12,81 US-Dollar pro Aktie auf ihre Vorzugaktien der Serie A. Drittens, die Genehmigung eines neuen Aktienrückkaufprogramms über 125 Millionen US-Dollar für 2025, einschließlich bis zu 25 Millionen US-Dollar für den Rückkauf von Vorzugsaktien.
Das Programm läuft vom 1. Januar bis 31. Dezember 2025, und Käufe werden durch Transaktionen auf dem offenen Markt oder private Verhandlungen getätigt. Das in Lancaster ansässige Finanzholdingunternehmen mit über 30 Milliarden US-Dollar Vermögenswerten betreibt über 200 Finanzzentren in fünf Bundesstaaten über die Fulton Bank.
- Quarterly common stock dividend increased by 6% to $0.18 per share
- $125 million share repurchase program approved for 2025
- Company demonstrates strong financial position with over $30 billion in assets
- Share repurchase program may be discontinued at any time
- Repurchase execution depends on various market conditions and company discretion
"The Board's decision to increase our common dividend nearly 6 percent demonstrates our continued strength, momentum and commitment to returning value to our shareholders," said Chairman and CEO Curt Myers.
In addition, Fulton announced that the Board declared a quarterly dividend of
Fulton also announced that the Board approved the repurchase of shares of Fulton's common stock and other securities in an aggregate principal amount not to exceed
Fulton, a more than
Additional information on Fulton can be found at investor.fultonbank.com.
Media:
Rachel Sharkey (717) 291-2831
Investors:
Matt Jozwiak (717) 327-2657
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SOURCE Fulton Financial Corporation
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