Business
Truist Announces New $10B Common Stock Repurchase Program
Truist Financial Corporation (NYSE: TFC) today announced that its Board of Directors has authorized a new share-repurchase program of up to $10 billion of the company's outstanding common stock. The authorization is effective immediately and does not have an expiration date.
About this update from Truist Financial Corporation
[{"type":"text","content":"CHARLOTTE, N.C., Dec. 16, 2025 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced that its Board of Directors has authorized a new share-repurchase program of up to $10 billion of the company's outstanding common stock. The authorization is effective immediately and does not have an expiration date.","length":331,"tagName":"p"},{"type":"image","alt":"Truist logo (PRNewsfoto/Truist)","displaySize":"","headline":null,"caption":"Truist logo (PRNewsfoto/Truist)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":225,"url":"https://media.zenfs.com/en/prnewswire.com/5a637301ca5e04ecab2c3a2267bce59f"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/ck79Mq.eCoKBZ3VJhb7Rvw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM5NztjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/5a637301ca5e04ecab2c3a2267bce59f","width":400,"height":225}},"href":"https://mma.prnewswire.com/media/1075420/TruistWhiteLogo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"This authorization replaces the prior share-repurchase program, which had approximately $1.5 billion in common stock repurchases remaining, and reflects Truist's ongoing commitment to delivering long-term value to shareholders while maintaining strong capital levels to support clients and communities.","length":306,"tagName":"p"},{"type":"text","content":"Repurchases under this program may be made from time to time through open market purchases, privately negotiated transactions, or other means, including through Rule 10b5-1 plans and other programs, at the discretion of management and on terms (including quantity, timing, and price) that management determines to be advisable. Actions in connection with the share-repurchase program will be subject to various factors, including Truist's capital and liquidity positions and related internal frameworks, accounting and regulatory considerations (including any changes to capital, liquidity, and other regulatory requirements that may be proposed or adopted by the U.S. banking agencies), Truist's financial and operational performance, alternative uses of capital, the trading price of Truist's common stock, and general market conditions. The share-repurchase program does not obligate Truist to acquire a specific dollar amount or number of shares and may be modif...