#United States #stock repurchase #Lancaster #Fulton Financial #Dividends Increase

Fulton Financial Corporation Expands Shareholder Value

On December 16, 2025, Fulton Financial Corporation, listed on Nasdaq as FULT, shared significant news that’s likely to delight its investors. At a meeting held earlier, the company’s Board of Directors approved an increase in the quarterly cash dividend on its common stock. The new rate is set at nineteen cents per share, marking a one-cent increase from the previous dividend of eighteen cents. This revised dividend will be payable on January 15, 2026, to shareholders who have recorded their positions as of the cutoff date of December 31, 2025.

Curt Myers, the company’s Chairman and CEO, commented on this strategic move, stating, "The Board's decision to increase our common dividend and boost our share repurchase program demonstrates our ongoing strength, confidence, and commitment to delivering value to our shareholders." Such an assurance from the leadership reflects Fulton’s solid financial health and a strategy focused on rewarding its investors.

In addition to this dividend increase, Fulton Financial also announced a quarterly dividend of $12.81 per share on its Series A Fixed Rate Non-Cumulative Perpetual Preferred Stock, which translates to $0.32025 per depositary share. These preferred dividends are also scheduled for payment on January 15, 2026, ensuring that various shareholder classes are taken care of in this robust proposal.

Highlighting its proactive management approach, the Board approved a comprehensive share repurchase program aimed at acquiring shares of Fulton’s common stock and other specified securities, not exceeding a total budget of $150 million. This repurchase initiative will commence on January 1, 2026, and will remain active until January 31, 2027. Under this program, the company may allocate up to $25 million for the purchase of its preferred shares or other hybrid financial instruments such as the 3.250% Fixed-to-Floating Rate Subordinated Notes due in 2030 and the 3.750% Fixed-to-Floating Rate Subordinated Notes due in 2035.

Such stock repurchase operations are planned to be executed in open market transactions at prevailing market prices or through privately negotiated transactions, always conforming with the federal securities laws. Fulton has stated that the program can be terminated at any time should the Board deem it necessary, granting them substantial flexibility in their financial strategy. The execution of these purchases will be dependent on various factors, including Fulton's liquidity and overall market conditions.

Fulton Financial Corporation operates as a financial holding entity based in Lancaster, Pennsylvania, managing assets worth approximately $32 billion. With over 3,300 employees spread across more than 200 financial centers in states such as Pennsylvania, New Jersey, Maryland, Delaware, and Virginia, Fulton has established a strong foothold in the financial sector. This broader approach to managing dividends and repurchase strategies is a positive signal that will resonate well among its investors.

For additional information on Fulton Financial Corporation, interested parties can refer to their investor relations page at Fulton Bank Investor.

In summary, Fulton's strategic decisions surrounding dividend increases and share buybacks are not only indicative of a sound management philosophy but also designed to enhance shareholder value. Such measures highlight Fulton's commitment to fostering investor confidence while effectively navigating through the evolving financial landscape.