Five Bancorp Launches Major Share Repurchase Initiative

The board of Financial Institutions, Inc., the parent company of Five Star Bank, has demonstrated its confidence in the firm’s trajectory by authorizing a substantial new share repurchase plan. The critical question for the market is whether this move will provide the anticipated lift to the share price that shareholders are hoping to see.

Effective since September 18, 2025, the newly approved program empowers the company to buy back up to 1,006,379 of its own shares. This volume represents approximately five percent of the total shares currently outstanding. Notably, this initiative replaces a previous plan from June 2022 and is structured without a fixed expiration date, granting the management team significant flexibility in its execution timeline.

Martin K. Birmingham, President and CEO,... Read more...