Home/Filings/8-K/0000943374-26-000010
8-K//Current report

FB Bancorp, Inc. /MD/ 8-K

Accession 0000943374-26-000010

$FBLACIK 0002013639operating

Filed

Jan 13, 7:00 PM ET

Accepted

Jan 14, 9:25 AM ET

Size

682.8 KB

Accession

0000943374-26-000010

Research Summary

AI-generated summary of this filing

Updated

FB Bancorp Completes Initial Stock Repurchase Program

What Happened
On January 14, 2026, FB Bancorp, Inc. filed an 8‑K announcing the completion of its initial stock repurchase program. The company repurchased 1,983,750 shares of its common stock, representing 10% of its then‑outstanding shares, at an average price of $12.725 per share (inclusive of trading costs and commissions). The company also furnished a press release dated January 14, 2026 as an exhibit to the filing.

Key Details

  • Repurchased shares: 1,983,750 common shares.
  • Percentage of outstanding shares repurchased: 10% (of then outstanding shares).
  • Average purchase price: $12.725 per share (inclusive of trading costs and commissions).
  • Approximate total cash spent on repurchases: ~$25.24 million (1,983,750 × $12.725).
  • Filing date / announcement: January 14, 2026; press release filed as Exhibit 99.1.

Why It Matters
A repurchase equal to 10% of outstanding shares is a material reduction in share count. For investors, buybacks can concentrate ownership among remaining shareholders and generally increase per‑share metrics (such as earnings per share) even if total earnings are unchanged. The filing confirms the program is complete and provides concrete figures on quantity, price and timing for anyone tracking capital allocation or share count trends.