Pinnacle Financial Partners (PNFP) Announces $100 Million Share Buyback Program

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Go back to Pinnacle Financial Partners (PNFP) Announces $100 Million Share Buyback Program

Pinnacle Financial Partners, Inc. Announces $100 Million Share Repurchase Program

November 13, 2018 5:10 PM EST

NASHVILLE, Tenn.--(BUSINESS WIRE)-- Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) today announced that its board of directors has authorized the repurchase of up to $100 million of the Companys common stock.

Though we are announcing this repurchase program and will be opportunistic in its implementation, we remain committed to our strategy of aggressively hiring experienced bankers throughout our markets and growing our earning assets, particularly within our C&I lending operations in the Carolinas and Virginia, said M. Terry Turner, Pinnacles president and chief executive officer. We believe in the... More