Company: FITBI
Filing Date: 2025-03-06
Form Type: 8-K
Source: 0000035527-25-000089
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Company: FIFTH THIRD BANCORP
Filing Date: 2025-03-06
Form: 8-K
Item: Item 8.01
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Item 8.01

Other Events.

As previously announced, on January 22, 2025, Fifth Third Bancorp (“ Fifth Third”) entered into an accelerated share repurchase transaction with Royal Bank of Canada (“ RBC”), with RBC Capital Markets, LLC acting as agent, pursuant to which Fifth Third would purchase approximately $225 million of its outstanding common stock. Fifth Third is repurchasing the shares of its common stock as part of its 100 million share repurchase program previously announced in a press release on June 18, 2019 and a current report on Form 8-K filed on June 20, 2019.

On March 4, 2025, Fifth Third was notified by RBC that it had finished purchasing shares under the January 22 nd agreement. A total of 4,353,517 shares were repurchased upon execution of the agreement and an additional 888,865 shares were repurchased upon final settlement on March 5, 2025. In total, 5,242,382 shares were repurchased under the January 22nd agreement, at an average price of $42.9194 per share.

After completion of the January 22nd agreement, Fifth Third has approximately 11.8 million shares of remaining repurchase authority under the aforementioned share repurchase program.

RBC and certain of its affiliates have performed, and in the future may perform, various financial advisory and other services for Fifth Third and Fifth Third’s affiliates for which they have received, and may in the future receive, customary fees and expenses.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

FIFTH THIRD BANCORP

(Registrant)

Date: March 6, 2025By: /s/ BRENNEN WILLINGHAM

Brennen Willingham

Senior Vice President and Treasurer