Company: MTB-PJ
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0000036270-25-000011
Chunk: 128

Company: M&T BANK CORP
Filing Date: 2025-08-04
Form: 10-Q
Item: Part II, Item 2
Chunk 128
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Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.

(a) – (b) Not applicable.

(c)

Issuer Purchases of Equity Securities(Dollars in millions, except per share)TotalNumberof Shares(or Units)Purchased (a)AveragePrice Paidper Share(or Unit) (b)TotalNumber ofShares(or Units)Purchasedas Part ofPubliclyAnnouncedPlans orProgramsMaximumNumber (orApproximateDollar Value)of Shares(or Units)that may yetbe PurchasedUnder thePlans orPrograms (c)April 1 - April 30, 20251,863,741$165.93 1,862,812$3,028 May 1 - May 31, 20253,260,089182.63 3,257,0582,434June 1 - June 30, 2025954,215183.76 954,0872,258Total6,078,045$177.69 6,073,957__________________________________________________________________________________

(a)The total number of shares purchased during the periods indicated includes shares purchased as part of publicly announced programs and/or shares deemed to have been received from employees who exercised stock options by attesting to previously acquired common shares in satisfaction of the exercise price or shares received from employees upon the vesting of restricted stock awards in satisfaction of applicable tax withholding obligations, as is permitted under M&T’s stock-based compensation plans.

(b)Inclusive of share repurchase excise tax of 1%.

(c)On January 22, 2025, M&T's Board of Directors authorized a program under which $4.0 billion of common shares may be repurchased with the exact number, timing, price and terms of such repurchases to be determined at the discretion of management and subject to all regulatory limitations. The authorization replaces and terminates, effective January 22, 2025, the prior $3.0 billion share repurchase program authorized by M&T's Board of Directors in July 2022.

Item 3. Defaults Upon Senior Securities.

None.

Item 4. Mine Safety Disclosures.

Not applicable.

Item 5. Other Information.

(a) – (b) Not applicable. 

(c) No executive officers or directors adopted, terminated or modified a Rule 10b5-1 trading arrangement (as defined in Item 408 of Regulation S-K under the Exchange Act) in the three months ended June 30, 2025. Certain of our officers or