AI English summary of an SEC filing — figures as filed
M&T Bank said its Board of Directors authorized a share repurchase program to repurchase up to $5.0 billion of M&T common stock, $0.50 par value per share, on the open market or in privately negotiated transactions on March 30, 2026.
Key points
AI summaryM&T Bank said its Board of Directors authorized a share repurchase program to repurchase up to $5.0 billion of M&T common stock, $0.50 par value per share, on the open market or in privately negotiated transactions on March 30, 2026.
The company said the authorization replaces and terminates the prior $4.0 billion share repurchase program authorized by the Board of Directors in January 2025, effective as of March 30, 2026.
M&T Bank said the exact number of shares, timing for such repurchases, and the price and terms at and on which such repurchases are to be made will be at the discretion of M&T and subject to all applicable regulatory limitations.
The company attached a press release dated March 30, 2026 announcing the program as Exhibit 99.1 and filed it under Item 8.01 Other Events.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
$5.0 billion Share Repurchase Program Authorized
M&T Bank said its Board of Directors authorized a share repurchase program to repurchase up to $5.0 billion of M&T common stock, $0.50 par value per share, on the open market or in privately negotiated transactions on March 30, 2026.
Source · Based on the filing body and exhibits
Prior $4.0 billion Program Replaced and Terminated
The company said the authorization replaces and terminates the prior $4.0 billion share repurchase program authorized by the Board of Directors in January 2025, effective as of March 30, 2026.
Source · Based on the filing body and exhibits
Repurchase Timing, Shares and Price at Company Discretion
M&T Bank said the exact number of shares, timing for such repurchases, and the price and terms at and on which such repurchases are to be made will be at the discretion of M&T and subject to all applicable regulatory limitations.
Source · Based on the filing body and exhibits
Press Release Attached as Exhibit 99.1
The company attached a press release dated March 30, 2026 announcing the program as Exhibit 99.1 and filed it under Item 8.01 Other Events.
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.
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