The Salt Lake City-based bank confirmed the fourth-quarter allocation as it pushes toward its annual repurchase goal. By maintaining this pace, the institution continues its effort to return capital to shareholders while managing its equity position through the end of the calendar year.
In section Market Quotes
Zions Bancorporation Targets $72 Million Share Buyback for Fourth Quarter
Zions Bancorporation will spend up to $72 million on stock repurchases during the final quarter of the year, according to a recent board authorization. This move marks the latest step in a broader capital return strategy aimed at reaching a total of $300 million in buybacks throughout 2024.
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