Simmons First National Corp. (SFNC) said Monday that it has substantially completed the existing stock repurchase program and that its Board of Directors has adopted a new stock repurchase program.
The new program authorizes the repurchase of up to 850,000 shares of Class A common stock or about 5% of the shares outstanding.
The shares are to be purchased from time to time at prevailing market prices, through open market or unsolicited negotiated transactions, depending upon market conditions.
There is no time limit for the stock repurchases, nor is there a minimum number of shares that the company plans to repurchase.
The repurchased shares are expected to be used to satisfy stock option exercises, payment of future stock dividends and general corporate purposes.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.