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Fifth Third Bancorp logoFifth Third Bancorp FITB

Fifth Third Bancorp entered into an accelerated share repurchase transaction with Deutsche Bank AG, London Branch on July 18, 2025 to purchase approximately $300 million of its outstanding common stock.

8-KOther EventsFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Fifth Third Bancorp entered into an accelerated share repurchase transaction with Deutsche Bank AG, London Branch on July 18, 2025 to purchase approximately $300 million of its outstanding common stock.

  2. The company said it was notified by Deutsche on September 26, 2025 that it had finished purchasing shares under the July 18 agreement. A total of 5,926,098 shares were repurchased upon execution of the agreement and an additional 1,003,254 shares were repurchased upon final settlement on September 29, 2025.

  3. Fifth Third said that under the July 18 agreement, it repurchased 6,929,352 shares at an average price of $43.2941 per share.

  4. The company said it conducted the repurchase as part of a 100 million share repurchase program announced on June 16, 2025, and that after completion of the agreement, it has approximately 93.1 million shares of remaining repurchase authority.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Accelerated Share Repurchase Agreement on July 18, 2025

Fifth Third Bancorp entered into an accelerated share repurchase transaction with Deutsche Bank AG, London Branch on July 18, 2025 to purchase approximately $300 million of its outstanding common stock.

Source · Based on the filing body and exhibits

Notification of Completion of Purchases on September 26, 2025

The company said it was notified by Deutsche on September 26, 2025 that it had finished purchasing shares under the July 18 agreement. A total of 5,926,098 shares were repurchased upon execution of the agreement and an additional 1,003,254 shares were repurchased upon final settlement on September 29, 2025.

Source · Based on the filing body and exhibits

Total Shares Repurchased and Average Price

Fifth Third said that under the July 18 agreement, it repurchased 6,929,352 shares at an average price of $43.2941 per share.

Source · Based on the filing body and exhibits

Remaining Repurchase Authority Under Share Repurchase Program

The company said it conducted the repurchase as part of a 100 million share repurchase program announced on June 16, 2025, and that after completion of the agreement, it has approximately 93.1 million shares of remaining repurchase authority.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.