UBSI declares Q3 dividend and launches a ~5% share buyback
Aug 24, 2026, 2:47 PM EDT1 sourcesAI-analyzed
Why it may matterVerify against the original reporting
Direct capital-return actions (dividend and buyback) tend to support share price by improving per-share metrics and signaling financial strength; the 5% buyback cap provides a near-term tailwind, especially if cash flow remains robust and payout remains sustainable, prompting a re-rating in the near term.
AI summary
What happened, with direct paths to the underlying reporting
United Bankshares declared a Q3 dividend of $0.38 per share, record date Sept 11, 2026, payable Oct 1, 2026, totaling about $51.8 million on 136.2 million shares. The board approved a new buyback plan for up to 6.8 million shares, about 5% of outstanding, replacing the 2025 program. The combination signals ongoing capital discipline that could support earnings per share and drive stock upside.
Q3 dividend of $0.38 per share. Record date Sept 11, 2026; payout about $51.8M.
52nd straight year of dividend increases (2025). Only one other major US bank has this.
New buyback plan up to 6.8M shares (~5%); replaces Nov 2025 program.
Plan discretionary; timing and size at management discretion; may be paused or restarted.
Assets about $34B; 240 offices across nine states.
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