FB Financial announces $100M stock repurchase authorization

FB Financial announced that its board of directors authorized the repurchase of up to $100M of the Company’s outstanding common stock. The repurchase authorization will be in place until January 31, 2026, and replaces the Company’s previous authorization, which expired on January 31. Christopher T. Holmes, President and Chief Executive Officer, commented, “This repurchase authorization reflects the Company’s financial strength and strong profitability. Our management team is keenly focused on deploying capital to deliver superior returns and to create long-term value. This program provides another arrow in our quiver to achieve those objectives.”