Fulton Financial rises on $125 mln share repurchase plan

Fulton Financial

20/12/2023 14:57

** Shares of regional bank Fulton Financial  FULT.O  rise 2%
to $16.83
    ** After market close on Tuesday, the lender said its board
has approved $125 mln stock repurchase program, starting Jan. 1,
2024
    ** Under the 2024 program, up to $25 mln may be used to
repurchase FULT's preferred stock - co
    ** Purchases may be made in open market transactions at
prevailing market prices or in privately negotiated transactions
- FULT
    ** Up to last close, stock down 2% YTD

 (Reporting by Arasu Kannagi Basil in Bengaluru)
 ((ArasuKannagi.Basil@thomsonreuters.com))