HWCPZ 8-K Filed 2026-07-21 Execution disclosure

Hancock Whitney repurchased 712,966 shares in Q2 2026

Bank executed Q2 buybacks at $68.28 average price under 5% program expiring Dec. 31, 2026

Shares repurchased713K
Avg price paid$68.28
MechanismNot specified

What the filing says

Hancock Whitney Corporation repurchased 712,966 shares of common stock during the second quarter of 2026 at an average price of $68.28 per share. The repurchases were executed under the company's authorized share buyback program, which permits the repurchase of up to 5% of outstanding common stock, or approximately 4.1 million shares total. The program is set to expire on December 31, 2026.

Since the inception of this buyback program, Hancock Whitney has repurchased 2,112,966 shares cumulatively, leaving approximately 1,987,034 shares remaining available for repurchase under the authorization. The filing does not specify the execution mechanism (e.g., Rule 10b-18 open-market purchases, 10b5-1 plan, or other method) employed for the Q2 transactions.

The company's weighted average shares outstanding on a diluted basis declined to 81.485 million at Q2 2026 from 82.261 million in Q1 2026, reflecting the impact of the repurchase activity during the period.

During the second quarter of 2026, the company repurchased 712,966 shares of its common stock at an average price of $68.28 per share. This stock repurchase is pursuant to the company's share buyback program (which authorizes the repurchase of up to 5%, or approximately 4.1 million shares, of the company's outstanding common stock), which expires on December 31, 2026. — HANCOCK WHITNEY CORP 8-K filing  ·  View on SEC EDGAR →

What this means

Share buybacks reduce outstanding share count and can increase earnings per share mechanically, though they do not change net income or fundamental profitability. Hancock Whitney's Q2 repurchase of approximately 713,000 shares reduced share count by roughly 0.9% during the quarter. With approximately 2.0 million shares remaining under a 4.1 million-share authorization expiring at year-end 2026, the company retains flexibility to continue buyback activity in the second half of 2026, subject to capital levels, regulatory constraints, and business conditions. The repurchase activity demonstrates capital deployment alongside the company's reported strong Q2 results (EPS of $1.55, ROA of 1.42%) and announced acquisition of One Florida Bank.

Frequently asked questions

How many shares did Hancock Whitney repurchase in Q2 2026?
Hancock Whitney repurchased 712,966 shares at an average price of $68.28 per share during the second quarter of 2026. Since inception of the buyback program, the company has repurchased a total of 2,112,966 shares.
What is the authorization size and expiration date of the buyback program?
The company's buyback program authorizes the repurchase of up to 5% of outstanding common stock, or approximately 4.1 million shares. The program expires on December 31, 2026, leaving approximately 1.987 million shares available for repurchase as of Q2 2026 period-end.
How do buybacks affect Hancock Whitney's share count and EPS?
Buybacks reduce the number of shares outstanding, which can increase earnings per share even if total net income remains flat, assuming the company repurchases below intrinsic value. Hancock Whitney's diluted share count declined from 82.261 million in Q1 2026 to 81.485 million in Q2 2026, partly due to the Q2 repurchases.
What execution mechanism did Hancock Whitney use for these repurchases?
The filing does not disclose whether the company used Rule 10b-18 open-market purchases, a 10b5-1 trading plan, an accelerated share repurchase (ASR) agreement, or another mechanism for the Q2 2026 repurchases.
Is Hancock Whitney likely to continue buying back shares in 2026?
With approximately 1.987 million shares remaining under authorization (out of 4.1 million) and an expiration date of December 31, 2026, the company retains the ability to repurchase more shares in the second half of 2026, subject to capital requirements, regulatory approval, and market conditions. The company's strong Q2 earnings and capital ratios suggest capacity to continue.
execution Q2-2026 banking-sector rule-10b-18 share-count-reduction
Source. This editorial summary is based on the SEC filing linked above. BuybackStocks aggregates and editorializes publicly available SEC EDGAR filings. Not investment advice. Past authorization announcements do not guarantee future repurchase activity or share price performance. See our full disclosures policy.