Financial Institutions, Inc. authorizes new share repurchase program for up to 5% of outstanding shares

FINANCIAL INSTITUTIONS INC

Program authorizes repurchase of up to 1,006,379 shares, approximately 5% of common shares outstanding.
Effective September 18, 2025, replaces and terminates the prior program from June 2022.
No expiration date; repurchases at management's discretion based on market conditions and capital priorities.
CEO cites confidence in consistent financial results and flexibility to return capital while investing in growth.

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