other
confidence high
sentiment neutral
materiality 0.55
First Financial renews stock repurchase plan for up to 5M shares through July 2024
FIRST FINANCIAL BANKSHARES INC
- Board extended repurchase plan expiration from July 31, 2023 to July 31, 2024.
- Authorization for up to 5,000,000 shares, about 3.5% of shares outstanding as of July 25, 2023.
- Repurchases may occur on open market, block trades, or private transactions; no minimum required.
- Chairman Dueser cites strong capital position and confidence in future as rationale for renewal.