other material
confidence high
sentiment positive
materiality 0.55
Fifth Third completes $225M accelerated share repurchase, buying 5.24M shares at $42.92
FIFTH THIRD BANCORP
- Total 5,242,382 shares repurchased under Jan 22 ASR at average price of $42.9194 per share.
- Initial repurchase of 4,353,517 shares; final settlement of 888,865 shares on March 5, 2025.
- Remaining repurchase authority approximately 11.8 million shares under the 100M share program.
- RBC and its affiliates acted as agent; completion notified on March 4, 2025.