Company: TCBI
Filing Date: 2025-01-23
Form Type: 8-K
Source: 0001077428-25-000003
Chunk: 1

Company: TEXAS CAPITAL BANCSHARES INC/TX
Filing Date: 2025-01-23
Form: 8-K
Item: Item 8.01
Chunk 1
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Item 8.01. Other Events.

Announcement of Share Repurchase Program

On January 22, 2025, the Company’s board of directors authorized a new share repurchase program under which the Company may repurchase up to $200.0 million in shares of its outstanding common stock through January 31, 2026. Any repurchases under the repurchase program will be made in accordance with applicable securities laws from time to time in open market or private transactions. The extent to which the Company repurchases shares, and the timing of such repurchases, will be at management’s discretion and will depend upon a variety of factors, including market conditions, our capital position and amount of retained earnings, regulatory requirements and other considerations. Remaining repurchase authorization under the January 17, 2024 share repurchase program was terminated upon authorization of this new program.