Fulton Financial Corp. (FULT) said Tuesday its board of directors has extended the timeframe for its current stock repurchase program announced in January 2013.
When the current program was announced, Fulton planned to repurchase up to eight million shares of its own stock through June 30, 2013. To date, the company has repurchased about 6.42 million of these shares, leaving nearly 1.58 million shares still available for repurchase. Today's action by the board extends the current program through September 30, 2013.
Fulton currently has about 193.6 million shares of stock outstanding.
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