M&T BANK CORP 8-K

What Happened
M&T Bank Corporation (MTB) announced on March 30, 2026, that its Board of Directors authorized a share repurchase program to buy up to $5.0 billion of M&T common stock (par value $0.50 per share). The authorization replaces and terminates the prior $4.0 billion repurchase program that the Board approved in January 2025. The company filed the announcement on Form 8-K and attached a press release as Exhibit 99.1.

Key Details

• Board-approved repurchase authorization: up to $5.0 billion of common stock.
• Replaces prior program: prior $4.0 billion authorization (January 2025) is terminated.
• Repurchases may occur on the open market or in privately negotiated transactions; timing, amount, price and terms are at M&T’s discretion and subject to regulatory limitations.
• Form 8-K filed March 30, 2026; signed by Daryl N. Bible, Senior EVP & CFO.

Why It Matters
A board-authorized share repurchase program is a way for the company to return capital to shareholders and manage its outstanding share count. Because repurchases are discretionary and subject to regulatory limits, the filing does not commit to a specific schedule or volume of buys; investors should watch future disclosures for actual repurchase activity and any impact on shares outstanding and per-share metrics.