S&T Bancorp authorizes a new $100 million share repurchase program, replacing its prior plan effective next month.
S&T Bancorp announced a $100 million share repurchase program, set to replace its existing plan on July 27, 2026. The new authorization will remain in effect until August 31, 2027, terminating any remaining capacity under the previous program.
The bank’s prior repurchase plan had not been fully utilized, though specific figures on remaining capacity were not disclosed. Share buybacks are often used to return capital to shareholders and signal confidence in a company’s valuation.
No immediate market reaction was reported following the announcement.