Hancock Whitney (NASDAQ:HWC)
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6 Months : From Aug 2019 to Feb 2020
By Colin Kellaher
Hancock Whitney Corp. (HWC) on Monday said it will buy back $185 million in common stock under an accelerated repurchase agreement with Morgan Stanley & Co.
The Gulfport, Miss., bank holding company said it will receive initial delivery of about 3.6 million shares under the program, with final settlement expected by the third quarter of 2020.
Hancock Whitney's board in September increased the company's buyback authorization to 5.5 million shares.
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(END) Dow Jones Newswires
October 21, 2019 09:30 ET (13:30 GMT)
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