Hancock Whitney Renews Share Repurchase Authorization
December 12 2024 - 4:00PM
Business Wire
Hancock Whitney Corporation (Nasdaq: HWC) today announced that
at its December meeting, the Company’s Board of Directors (“the
Board”) authorized a stock buyback program (the “Stock Buyback
Program”) pursuant to which the Company may, from time to time,
purchase up to 5% of the shares of Company common stock outstanding
as of December 31, 2024, replacing the previous stock buyback
program that expires on December 31, 2024.
The Stock Buyback Program is effective on January 1, 2025 and
expires on December 31, 2026. The shares may be repurchased in the
open market, by block purchase, through accelerated share
repurchase plans, in privately negotiated transactions or
otherwise, in one or more transactions, from time to time,
depending upon market conditions and other factors, and in
accordance with applicable regulations of the Securities and
Exchange Commission. The Stock Buyback Program may be terminated or
amended by the Board at any time prior to the expiration date.
About Hancock Whitney
Since the late 1800s, Hancock Whitney has embodied core values
of Honor & Integrity, Strength & Stability, Commitment to
Service, Teamwork, and Personal Responsibility. Hancock Whitney
offices and financial centers in Mississippi, Alabama, Florida,
Louisiana, and Texas offer comprehensive financial products and
services, including traditional and online banking; commercial and
small business banking; private banking; trust and investment
services; healthcare banking; and mortgage services. The company
also operates a loan production office in Nashville, Tennessee.
More information is available at www.hancockwhitney.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20241212994097/en/
For more information Kathryn Shrout Mistich, VP, Investor
Relations Manager 504.539.7836 or
kathryn.mistich@hancockwhitney.com
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