First Horizon effects $1.2B new share buyback program

* First Horizon (NYSE:FHN [https://seekingalpha.com/symbol/FHN]) announced [https://seekingalpha.com/pr/20281133-first-horizon-announces-1_2-billion-share-repurchase-program-declares-cash-dividends-on] on Monday a new $1.2B stock repurchase program, effective as of the close of business today.
* Shares were +1.43% post-market to $21.29.
* The new authorization. which will expire on January 31, 2027, terminates the old program that had ~$180M of remaining authorization.
* The share repurchases may be executed in the open market or through privately negotiated transactions.

MORE ON FIRST HORIZON NATIONAL

* First Horizon Corporation (FHN) Q3 2025 Earnings Call Transcript [https://seekingalpha.com/article/4830159-first-horizon-corporation-fhn-q3-2025-earnings-call-transcript]
* First Horizon: Lock In Its 6.4% Preferred Dividend Yield Before It Falls Further [https://seekingalpha.com/article/4828031-first-horizon-stock-lock-its-6-4-percent-preferred-dividend-yield-before-it-falls]
* First Horizon: Fairly Valued After A Strong Run (Rating Downgrade) [https://seekingalpha.com/article/4826401-first-horizon-fairly-valued-after-a-strong-run-downgrade]
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* First Horizon stock rout comes after CEO mentions possible acquisition plans [https://seekingalpha.com/news/4504391-first-horizon-stock-rout-comes-after-ceo-mentions-possible-acquisition-plans]