How much additional buyback authority did Origin's board approve in July 2026?

The board approved a $100 million increase in repurchase authority under the current stock repurchase program. As of the release date, $121.6 million remained available for repurchases under the program, which expires in July 2028.

How many shares did Origin repurchase in Q2 2026?

Origin repurchased 217,034 shares during the second quarter 2026 at an average price of $46.60 per share, including commissions and applicable excise taxes.

What was Origin's total share repurchase activity since the beginning of 2025?

Since the beginning of 2025, Origin repurchased 833,539 shares at an average price of $39.29 per share for a total cost of $32.7 million, including commissions and applicable excise taxes.

How does the buyback tie to Origin's recent capital actions?

The expanded buyback authorization complements Origin's other capital deployment: in April 2026, the company increased its quarterly dividend by 67% (from $0.15 to $0.25 per share), and in December 2025 it redeemed $74 million in subordinated debentures as part of its 'Optimize Origin' initiative.

What was Origin's financial performance in Q2 2026?

Origin reported net income of $33.8 million, or $1.09 diluted EPS, for Q2 2026, a 22.2% increase from the prior quarter. The company also increased its annualized return on average assets (ROAA) to 1.35%, approaching its near-term run-rate target of 1.15% or higher.

Until when is Origin's stock repurchase program authorized?

The current stock repurchase program, which includes the newly approved $100 million increase, expires in July 2028.

OBK 8-K Filed 2026-07-22 Amendment

Origin Bancorp approves $100M increase in share repurchase authorization

Board expands buyback capacity to $121.6M remaining, extending program through July 2028

Remaining$122M

MechanismNot specified

What the filing says

Origin Bancorp, Inc. (NYSE: OBK) announced in July 2026 that its board of directors approved a $100 million increase in repurchase authority under its current stock repurchase program, which expires in July 2028. As of the date of the release, $121.6 million remains available for share repurchases under the stock repurchase program.

During the second quarter 2026, Origin repurchased 217,034 shares of common stock at an average price of $46.60 per share, including commissions and applicable excise taxes. Since the beginning of 2025, the company has repurchased a total of 833,539 shares at an average price of $39.29 per share for $32.7 million.

The amendment reflects Origin's capital management strategy amid improving financial performance. The company reported net income of $33.8 million for Q2 2026 and announced an increase in its quarterly dividend from $0.15 to $0.25 per share in April 2026, a 67% increase. The expanded repurchase authority demonstrates confidence in the company's balance sheet strength and earnings durability as part of its "Optimize Origin" initiative.

Also, in July 2026, our board of directors approved a $100 million increase in repurchase authority under our current stock repurchase program, which expires in July 2028. As of the date of this release, $121.6 million remains available for share repurchases under the stock repurchase program. — Origin Bancorp, Inc. 8-K filing · View on SEC EDGAR →

What this means

The amendment increases Origin's total buyback capacity by $100 million, with $121.6 million now available under the program through July 2028. In Q2 2026 alone, the company repurchased 217,034 shares at an average price of $46.60 per share. This represents a capital-return strategy consistent with the company's reported earnings improvement (net income up 22.2% sequentially to $33.8 million) and enhanced dividend policy. The authorization expansion signals management confidence in the company's ability to generate excess capital, though the filing does not specify the execution mechanism (e.g., Rule 10b-18, ASR, or other method).

Frequently asked questions

How much additional buyback authority did Origin's board approve in July 2026?: The board approved a $100 million increase in repurchase authority under the current stock repurchase program. As of the release date, $121.6 million remained available for repurchases under the program, which expires in July 2028.
How many shares did Origin repurchase in Q2 2026?: Origin repurchased 217,034 shares during the second quarter 2026 at an average price of $46.60 per share, including commissions and applicable excise taxes.
What was Origin's total share repurchase activity since the beginning of 2025?: Since the beginning of 2025, Origin repurchased 833,539 shares at an average price of $39.29 per share for a total cost of $32.7 million, including commissions and applicable excise taxes.
How does the buyback tie to Origin's recent capital actions?: The expanded buyback authorization complements Origin's other capital deployment: in April 2026, the company increased its quarterly dividend by 67% (from $0.15 to $0.25 per share), and in December 2025 it redeemed $74 million in subordinated debentures as part of its 'Optimize Origin' initiative.
What was Origin's financial performance in Q2 2026?: Origin reported net income of $33.8 million, or $1.09 diluted EPS, for Q2 2026, a 22.2% increase from the prior quarter. The company also increased its annualized return on average assets (ROAA) to 1.35%, approaching its near-term run-rate target of 1.15% or higher.
Until when is Origin's stock repurchase program authorized?: The current stock repurchase program, which includes the newly approved $100 million increase, expires in July 2028.

authorization amendment regional-bank capital-return july-2028-expiration

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.