Company: WBS-PG
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0000801337-25-000083
Chunk: 45

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 1
Chunk 45
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 171,401,887 Preferred Stock Series F IssuedPreferred Stock Series G IssuedCommon Stock IssuedTreasury Stock HeldCommon Stock OutstandingBalance at December 31, 20246,000 135,000 182,778,045 11,386,920 171,391,125 Stock compensation plan activity (1)— — — (782,106)782,106 Common stock repurchase program— — — 5,089,968 (5,089,968)Balance at June 30, 20256,000 135,000 182,778,045 15,694,782 167,083,263 Balance at December 31, 20236,000 135,000 182,778,045 10,756,089 172,021,956 Stock compensation plan activity (1)— — — (788,357)788,357 Common stock repurchase program— — — 1,408,426 (1,408,426)Balance at June 30, 20246,000 135,000 182,778,045 11,376,158 171,401,887 (1)Reflects (i) common shares issued from Treasury stock for time-based restricted stock award grants, net of forfeitures, and the vesting of performance-based restricted stock awards of 17,602 and (19,350), in aggregate, during the three months ended June 30 2025, and 2024, respectively, and 1,174,880 and 1,137,889, in aggregate, during the six months ended June 30, 2025, and 2024, respectively; less (ii) common shares acquired outside of the Company’s common stock repurchase program related to stock compensation plan activity of 8,101 and 68,284 during the three months ended June 30, 2025, and 2024, respectively, and 392,774 and 349,532 during the six months ended June 30, 2025, and 2024, respectively.Common Stock Repurchase ProgramThe Company maintains a common stock repurchase program, which was approved by the Board of Directors on October 24, 2017, that permits management to repurchase shares of Webster common stock in open market or private transactions, through block trades, and pursuant to any trading plan that may be adopted in accordance