Trustmark Corp 8-K, filed Dec 5, 2023
Trustmark Corp (TRMK)
About this 8-K
Trustmark Corp filed this 8-K on December 5, 2023.
Items reported
- Item 8.01: Other events
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 8.01. Other Events.
Trustmark Corporation (the “Company”) today announced that, effective January 1, 2024, the Board of Directors has authorized a new stock repurchase program under which up to $50,000,000 of its outstanding common shares may be acquired through December 31, 2024. The adoption of the Company’s share repurchase program follows the notification of the new share repurchase program by the Company to the Board of Governors of the Federal Reserve System. This authorization replaces the Company’s prior stock repurchase program, which will expire in accordance with its terms on December 31, 2023.
The shares may be purchased from time to time at prevailing market prices, through open market or privately negotiated transactions, depending on market conditions. There is no guarantee as to the number or aggregate market value of shares that may be repurchased by the Company, and the Company may discontinue purchases at any time at management’s discretion. As of October 31, 2023, the Company had 61,070,437 shares outstanding.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
TRUSTMARK CORPORATION
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/s/ Thomas C. Owens |
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Thomas C. Owens |
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Treasurer and Principal Financial Officer |
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DATE: |
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December 5, 2023 |