United Community Banks announces $100M extension of share repurchase program

United Community Banks (UCB) announced that the company’s board of directors approved a common stock repurchase program, authorizing the repurchase of up to $100M of its outstanding common stock on the open market, in privately negotiated transactions, or in any other manner that complies with the provisions of the Securities Exchange Act of 1934, as amended. The company may make repurchases under the Stock Repurchase Program from time to time beginning after the expiration of its current common stock repurchase program on December 31 and ending on December 31, 2026. The company has repurchased $44M of shares in 2025 under its current common stock repurchase program.