Webster Financial expands share repurchase authority by $600M to $601.2M total

WEBSTER FINANCIAL CORP

Board authorized $600M increase in common stock repurchase authority on April 27, 2022.
Prior remaining authority was only ~$1.2M as of March 31, 2022; total now $601.2M.
Repurchases may occur via open market, private transactions, block trades, or 10b5-1 plans.
Program has no expiration but may be suspended or terminated by the Board at any time.
Repurchases subject to market conditions, stock price, capital allocation, and regulatory factors.

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