M&T Bank announces $4.0B share repurchase program, replacing prior $3.0B program

M&T BANK CORP

Board authorized up to $4.0B in common stock repurchases; replaces July 2022 $3.0B authorization.
Repurchases may be executed on open market or in private transactions, subject to regulatory limits.
CFO cites strong earnings and capital position as enabling surplus capital return to investors.
No specific timing or price terms disclosed; execution at management's discretion.

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