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M&T Bank (NYSE: MTB) clears new $5.0B common stock buyback plan
M&T Bank Corporation announced that its Board of Directors has authorized a new share repurchase program for up to $5.0 billion of its common stock. This new program replaces and terminates a previous $4.0 billion authorization from January 2025. Repurchases will be made at the company’s discretion, either on the open market or through privately negotiated transactions, subject to regulatory limits.