Company

First BanCorp. Announces $350M Buyback Plan

Oct 21, 2026 · 04:33 PM ET· updated 58m ago

First BanCorp. (the "Corporation") (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that its Board of Directors approved the following capital actions:A new stock repurchase

Why It Matters

First BanCorp said it will buy back 350 million dollars of its own stock. When a company buys its own stock, it can mean the leaders think the stock is a good deal right now.

This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.

Tickers in Play

FBP27.40

-0.18 (-0.65%)

Last session drawn · prints held ~15 minutes · licensed exchange data

Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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