Butterfield Announces New Share Repurchase Program for 2026

About this update from Bank Of N.t. Butterfield & Son Limited (the) Voting

[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":1024,"height":512,"url":"https://media.zenfs.com/en/business-wire.com/b92448d158141b60b982feb65ba06bdc"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/TehDaB.UFz58xDYNgQEQuw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTQ4MDtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/b92448d158141b60b982feb65ba06bdc","width":960,"height":480},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/G4ZD2rpDGIqo5_o9j7MHzw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIwNDg7aD0xMDI0O2NmPXdlYnA-/https://media.zenfs.com/en/business-wire.com/b92448d158141b60b982feb65ba06bdc","width":1024,"height":512}},"lazy":false},{"type":"text","content":"HAMILTON, Bermuda, December 08, 2025--(BUSINESS WIRE)--The Bank of N.T. Butterfield & Son Limited ("Butterfield" or the "Bank") (BSX: NTB.BH; NYSE: NTB) today announced that its Board of Directors has approved a $140 million ordinary share repurchase program ("the Share Repurchase Program") pursuant to which the Bank is authorized to purchase up to 3.0 million of its ordinary shares through December 31, 2026.","length":446,"tagName":"p"},{"type":"text","content":"Michael Collins, Chairman and Chief Executive Officer said: "I am pleased to announce Butterfield’s new share repurchase program for 2026. Our capital management priorities remain focused on supporting a quarterly cash dividend, funding organic growth, and financing potential acquisitions. Subject to market conditions, our new share repurchase authorization provides us with a flexible capital management tool in 2026."","length":431,"tagName":"p"},{"type":"text","content":"The timing and amount of any share repurchases will be determined by Bank management based on its evaluation of market conditions and other factors that include, but are not limited to, Butterfield’s share price and the availability of alternative capital investments. Repurchases under the new Share Repurchase Program may be made in the open market or through privately negotiated transactions, including under US Securities & Exchange Commission Rule 10b5-1, and will be made in accordance with applicable laws and regulations.","length":534,"tagName":"p"},{"type":"text","content":"The new Share Repurchase Program will come into...

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