-+ 0.00%
-+ 0.00%
-+ 0.00%
United Bankshares Board Approves New Plan To Repurchase Up To 6.8M, Or ~5%, Of Issued And Outstanding Shares
Share
Listen to the news

United Bankshares, Inc. (the "Company" or "United") announced that at its August 24, 2026 board meeting, the Board of Directors declared a third quarter dividend of $0.38 per share for shareholders of record as of September 11, 2026. The dividend payout of approximately $51.8 million on 136.2 million shares is payable October 1, 2026. The year of 2025 represented the 52nd consecutive year of dividend increases for United shareholders. Only one other major banking company in the USA has achieved such a dividend record.

Also, at the August 24, 2026 board meeting, the Board of Directors approved a new plan to repurchase up to 6.8 million, or approximately 5%, of the issued and outstanding shares of United’s common stock. The new plan replaces the prior repurchase plan approved by United’s Board of Directors in November of 2025. Repurchases by the Company may be made from time to time through open market purchases, privately negotiated transactions, or by other means.


 

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending