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Piper Sandler Companies Announces Share Repurchase Authorization

1. Piper Sandler authorized a $150 million stock repurchase program effective immediately. 2. The program aims to return capital to shareholders and mitigate equity dilution. 3. This new authorization extends beyond the previous one which expired in 2024. 4. Company relies on performance and operational conditions to execute the repurchase. 5. Forward-looking statements highlight risks that may impact repurchase execution.

Shares Buyback
-1.95%Current Return
VS
-1%S&P 500
$319.3602/06 04:45 PM EDTEvent Start
$313.1202/07 10:54 PM EDTLatest Updated
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FAQ

Why Bullish?

The stock repurchase typically signals confidence in financial health, boosting investor sentiment. Previous similar announcements often led to stock price increases due to perceived value addition.

How important is it?

The stock repurchase indicates strong capital allocation strategy, significantly influencing investor view and share price. Given market dynamics, such corporate actions are closely monitored by investors.

Why Short Term?

The immediate execution of share repurchase can lead to quick market responses. Historically, such announcements reflect positively in the market shortly after release.

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PIPR
MINNEAPOLIS--(BUSINESS WIRE)--Piper Sandler Companies (NYSE: PIPR), a leading investment bank, announced today that its board of directors has authorized the repurchase of up to $150 million of the company's outstanding common stock. This authorization is effective immediately and will expire on December 31, 2026. The share repurchase program will be used as part of the company’s capital allocation strategy, which includes returning capital to its shareholders, and to offset the dilutive effect of employee equity-based compensation. The company’s previous share repurchase authorization expired on December 31, 2024. Cautionary Note Regarding Forward-Looking Information This announcement contains forward-looking statements. Statements that are not historical or current facts, including statements about beliefs and expectations, are forward-looking statements and are subject to significant risks and uncertainties that are difficult to predict. These forward-looking statements cover, among other things, statements made about our share repurchase plans, our liquidity and capital resources or other similar matters. These statements involve inherent risks and uncertainties, both known and unknown, and important factors could cause actual results to differ materially from those anticipated or discussed in the forward-looking statements, including (1) our ability to effect the repurchase program depends in part upon our results of operations and profitability and may be impacted by negative operating conditions, (2) an inability to access capital readily or on terms favorable to us could impair our ability to effect the repurchase program, and (3) other factors identified under “Risk Factors” in Part I, Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2023, and updated in our subsequent reports filed with the SEC. These reports are available at www.pipersandler.com or www.sec.gov. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update them in light of new information or future events. ABOUT PIPER SANDLER Piper Sandler Companies (NYSE: PIPR) is a leading investment bank driven to help clients Realize the Power of Partnership®. Securities brokerage and investment banking services are offered in the U.S. through Piper Sandler & Co., member SIPC and NYSE; in the U.K. through Piper Sandler Ltd., authorized and regulated by the U.K. Financial Conduct Authority; in the EU through Aviditi Capital Advisors Europe GmbH, a tied agent of AHP Capital Management GmbH, authorized and regulated by BaFin; and in Hong Kong through Piper Sandler Hong Kong Ltd., authorized and regulated by the Securities and Futures Commission. Alternative asset management and fixed income advisory services are offered through separately registered advisory affiliates. Follow Piper Sandler: LinkedIn | Facebook | X ©2025. Since 1895. Piper Sandler Companies. 800 Nicollet Mall, Minneapolis, Minnesota 55402-7036

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