Fulton Financial (FULT) Extends Common Stock Buyback Expiration
Tweet
Share
E-mailGet Alerts FULT Hot Sheet
Join SI Premium – FREE
Fulton Financial Corporation (Nasdaq: FULT) announced that its board of directors has extended the timeframe for its current stock repurchase program announced in January 2013.
When the current program was announced, the Corporation planned to repurchase up to eight million shares of its own stock through June 30, 2013. To date, the company has repurchased 6,420,936 of these shares, leaving 1,579,064 still available for repurchase. Today's action by the board of directors extends the current program through September 30, 2013.
The Corporation currently has approximately 193.6 million shares of stock outstanding. As permitted by securities laws and other legal requirements and subject to market conditions and other factors, purchases may be made from time to time in the open market at prevailing prices. The repurchase program may be discontinued at any time.
When the current program was announced, the Corporation planned to repurchase up to eight million shares of its own stock through June 30, 2013. To date, the company has repurchased 6,420,936 of these shares, leaving 1,579,064 still available for repurchase. Today's action by the board of directors extends the current program through September 30, 2013.
The Corporation currently has approximately 193.6 million shares of stock outstanding. As permitted by securities laws and other legal requirements and subject to market conditions and other factors, purchases may be made from time to time in the open market at prevailing prices. The repurchase program may be discontinued at any time.
Create E-mail Alert Related Categories
Corporate News, Stock BuybacksRelated Entities
Stock BuybackSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
