M&T Bank announces $5B stock repurchase program

M&T Bank announced that its Board of Directors authorized a share repurchase program to repurchase up to $5B of M&T common stock, $0.50 par value per share, on the open market or in privately negotiated transactions. The authorization replaces, and terminates effective March 30, 2026, the prior $4B share repurchase program authorized by the Board of Directors in January 2025.