First Financial Bankshares Announces Share Repurchase Plan Extension Through 2027
First Financial Bankshares (NASDAQ: FFIN) has announced an extension and increase of its share repurchase plan through July 31, 2027. The company is authorized to repurchase up to 7.2 million shares, or approximately 5% of outstanding stock as of July 28, 2026. This replaces the previous authorization for 5 million shares set to expire in mid-2026. The renewed plan allows management flexibility to buy back shares through open market transactions, block trades, or private negotiations when deemed beneficial to shareholders and aligned with applicable regulations. No minimum number of repurchases is required under this program. CEO David Bailey emphasized the company's strong capital position and expressed confidence in its outlook by renewing the initiative. First Financial Bankshares operates 79 banking locations across Texas through First Financial Bank, along with wealth management services and a technology subsidiary.
Tickers: $FFIN
Topics: capital management share repurchase