09:40 AM EDT, 03/21/2024 (MT Newswires) -- FB Financial ( FBK ) has authorized a new $100 million stock buyback program running through January 2026 and replacing its prior share repurchase plan that expired Jan. 31.

Repurchases of up to $100 million of its outstanding common stock will be executed through open market or privately negotiated transactions, including under Rule 10b5-1 plans, the financial holding company said.

FB Financial ( FBK ) shares were nearly 4% higher in early Thursday trading.

Price: 37.32, Change: +1.38, Percent Change: +3.84