---
schema_version: "secwatch.filing_event.v1"
accession: "0000035527-23-000005"
form_type: "8-K"
ticker: "FITB"
cik: "0000035527"
company_name: "FIFTH THIRD BANCORP"
filed_at: "2023-01-23T23:59:59+00:00"
generated_at: "2026-06-20T12:03:25.141977+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Fifth Third Bancorp enters $200M share repurchase agreement with Morgan Stanley

## Summary
- On Jan 20, 2023, Fifth Third entered a $200M share repurchase agreement with Morgan Stanley.
- Fifth Third will pay $200M on Jan 24, 2023, and expects to receive majority of shares by same date.
- Actual delivery shares based on discount to VWAP of FITB common stock during agreement term.
- Settlement expected on or before March 30, 2023; subject to customary adjustments and termination provisions.

## SEC filing metadata
- accession: 0000035527-23-000005
- form_type: 8-K
- ticker: FITB
- cik: 0000035527
- company_name: FIFTH THIRD BANCORP
- filed_at: 2023-01-23T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/35527/000003552723000005/0000035527-23-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/35527/000003552723000005/fitb-20230120.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000035527-23-000005
- JSON: https://secwatch.observer/filing/0000035527-23-000005.json
- Plain text: https://secwatch.observer/filing/0000035527-23-000005.txt

## Key facts
- Debt Financings
  FIFTH THIRD BANCORP incurred guarantee of $200 million with Morgan Stanley & Co. LLC maturing March 30, 2023.
  - Instrument: guarantee
  - Principal: $200 million
  - Counterparty: Morgan Stanley & Co. LLC
  - Maturity: March 30, 2023
  - Event: incurrence
  source text: On January 20, 2023, Fifth Third Bancorp (“Fifth Third”) entered into a new share repurchase agreement with Morgan Stanley & Co. LLC (“Morgan Stanley”) pursuant to which Fifth Third will purchase approximately $200 million of its outstanding common stock.
  evidence_url: https://www.sec.gov/Archives/edgar/data/35527/000003552723000005/0000035527-23-000005-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.