HANCOCK WHITNEY CORP
For the period ended Jun 30, 2024. Filed Aug 7, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 7, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Unregistered Sales of Equity Securities and Use of Proceeds
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
The Company has in place a Board-approved stock buyback program whereby the Company is authorized to repurchase up to 4,297,000 shares of its common stock through the program’s expiration date of December 31, 2024. The program allows the Company to repurchase its common shares in the open market, by block purchase, through accelerated share repurchase programs, in privately negotiated transactions, or otherwise, in one or more transactions in accordance with the rules and regulations of the Securities and Exchange Commission. The Company is not obligated to purchase any shares under this program and the repurchase authorization may be terminated or amended by the Board at any time prior to the expiration date.
The following is a summary of common share repurchases during the three months ended June 30, 2024.
| Total number of shares or units purchased (a) | Average price paid per share | Total number of shares purchased as part of a publicly announced plan or program | Maximum number of shares that may yet be purchased under such plans or programs | |
|---|---|---|---|---|
| April 1, 2024 - April 30, 2024 | — | $— | — | 4,297,000 |
| May 1, 2024 - May 31, 2024 | 264,629 | $46.89 | 259,233 | 4,037,767 |
| June 1, 2024 - June 30, 2024 | 53,760 | $45.70 | 53,760 | 3,984,007 |
| 318,389 | $46.69 | 312,993 |
(a) Includes common stock purchased in connection with our share-based payment plans related shares used to cover payroll tax withholding requirements. See Note 18 – Share-Based Payment Arrangements in our 2023 Form 10-K, which includes additional information regarding our share-based incentive plans.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.