Item 2. Unregistered Sales of Equity Securities
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
On April 14, 2026, we announced that our Board of Directors authorized a new share repurchase program. The new share repurchase program authorizes FNB to repurchase up to $250 million of its outstanding shares of common stock. Including the authority remaining under the previous program, total repurchase capacity is approximately $253 million at June 30, 2026. The repurchases will be made from time to time on the open market at prevailing market prices or in privately negotiated transactions. The purchases will be funded from available working capital. There is no guarantee as to the exact number of shares that will be repurchased and we may discontinue purchases at any time.
The following table provides information regarding FNB's purchases of our common stock during the quarter ended June 30, 2026.
Period Total number of shares purchased Average price paid per share Total number of shares purchased as part of publicly announced plans or programs Maximum number (or approximate dollar value) of shares that may yet be purchased under the plans or programs
April 1 - April 30, 2026 200,000 $ 17.68 200,000 $ 296,398,843
May 1 - May 31, 2026 2,063,334 $ 17.49 2,063,334 $ 259,922,733
June 1 - June 30, 2026 400,000 $ 17.17 400,000 $ 252,980,700
Total 2,663,334 $ 17.46 2,663,334
ITEM 3. DEFAULTS UPON SENIOR SECURITIES
None.
ITEM 4. MINE SAFETY DISCLOSURES
Not Applicable.
90
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