---
schema_version: "secwatch.filing_event.v1"
accession: "0000035527-24-000238"
form_type: "8-K"
ticker: "FITB"
cik: "0000035527"
company_name: "FIFTH THIRD BANCORP"
filed_at: "2024-10-22T23:59:59+00:00"
generated_at: "2026-05-30T11:53:14.829877+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Fifth Third enters $300M accelerated share repurchase with Morgan Stanley

## Summary
- Repurchase of $300M of common stock under existing 100M-share program announced June 2019.
- Payment of $300M to Morgan Stanley on Oct 22, 2024; expects substantial majority of shares by same day.
- Final settlement on or before Dec 27, 2024; number of shares based on VWAP discount.
- Morgan Stanley may deliver additional shares or receive cash/payment at settlement; customary termination provisions apply.

## SEC filing metadata
- accession: 0000035527-24-000238
- form_type: 8-K
- ticker: FITB
- cik: 0000035527
- company_name: FIFTH THIRD BANCORP
- filed_at: 2024-10-22T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/35527/000003552724000238/0000035527-24-000238-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/35527/000003552724000238/fitb-20241021.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000035527-24-000238
- JSON: https://secwatch.observer/filing/0000035527-24-000238.json
- Plain text: https://secwatch.observer/filing/0000035527-24-000238.txt

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