Hilltop Holdings (HTH) Announces $30M Common Buyback Plan

Hilltop Holdings (NYSE: HTH) announced the approval of a stock repurchase program, authorizing Hilltop to repurchase in the aggregate up to $30 million of its outstanding common stock.

Under the program authorized, Hilltop may repurchase shares in open-market purchases or through privately negotiated transactions as permitted under Rule 10b-18 promulgated under the Securities Exchange Act of 1934. The extent to which Hilltop repurchases its shares and the timing of such repurchases will depend upon market conditions and other corporate considerations, as determined by Hilltop’s management team. The purchases will be funded from available cash balances.

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