Fulton Financial announces $150M share and other securities repurchase program

Fulton 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 $150M commencing on January 1, 2026, and expiring on January 31, 2027. Under the 2026 Program, up to $25M in the aggregate, may be used to repurchase shares of Fulton’s Preferred Stock, Fulton’s 3.250% Fixed-to-Floating Rate Subordinated Notes due 2030 or Fulton’s 3.750% Fixed-to-Floating Rate Subordinated Notes due 2035. Purchases may be made from time to time under the 2026 Program in open market transactions at prevailing market prices, in privately negotiated transactions or by other means in accordance with federal securities laws. The 2026 Program may be discontinued at any time at the discretion of the Board and does not commit Fulton to repurchase any of its securities. Purchases, if any, will be determined by management in its discretion and will depend upon a number of factors, including Fulton’s capital position, liquidity, financial performance and alternate uses of capital, the market price of Fulton’s securities, general market and economic conditions, and applicable legal and regulatory requirements.