United Bankshares rises after unveiling buyback program

United Bankshares

21/11/2025 16:37

** Regional lender United Bankshares' UBSI.O shares rise 4% to $37.18

** UBSI unveils plan to repurchase up to 5 million shares, or 3.6% of its outstanding shares

** Repurchases may be made through open market and privately negotiated transactions

** UBSI purchased 1.1 million shares between October 1 and November 20

** Two of five brokerages rate the stock "buy" or higher and three "hold"; median PT $40 - data compiled by LSEG

** As of last close, UBSI stock down 4.8% YTD

(Reporting by Arasu Kannagi Basil in Bengaluru)

((ArasuKannagi.Basil@thomsonreuters.com;))