Regions Financial (RF) Temporarily Suspends Share Buyback Program

Regions Financial (NYSE: RF) announced today that it will temporarily suspend its share buyback program for the remaining period of the first quarter and second quarter of 2020 in response to the COVID-19 pandemic.

Regions is committed to maintaining strong capital and liquidity to meet the needs of its customers and communities during this exceptional period of economic uncertainty. The suspension of share buybacks will not impact dividend payments to shareholders and Regions has the ability to reinstate the buyback program as circumstances warrant. Regions is subject to the Federal Reserve’s annual stress test and has consistently demonstrated the capability to support lending and other necessary financial services during a significant economic downturn.

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