Zions Bancorp (ZION) Announces $325M Share Buyback; Declares $0.38 Quarterly Dividend

Zions Bancorporation, N.A. (NASDAQ: ZION) announced today that its board of directors (“board”) authorized a share repurchase for the fourth quarter of 2021 of up to $325 million, equaling 3.2% of the market value of the company.

The board declared a regular quarterly dividend of $0.38 per common share, payable November 18, 2021 to shareholders of record on November 10, 2021.

Additionally, the board declared regular quarterly cash dividends on the company's various perpetual preferred shares, as detailed below.

The cash dividend on the following series are payable December 15, 2021 to shareholders of record on December 1, 2021:

• Series A (NASDAQ: ZIONP; CUSIP: 98973A104);
• Series G (NASDAQ: ZIONO; CUSIP: 989701859); and
• Series I (CUSIP: 989701BD8)

The cash dividend on the Series J (CUSIP: 989701BF3) shares is payable on March 15, 2022 to shareholders of record on March 1, 2022.

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