First BanCorp authorizes $350M buyback, raises dividend 25% to $0.25/share

First BanCorp (NYSE: FBP) announced its board authorized a new stock repurchase program of up to $350 million, expected to be executed throughout 2027, complementing about $38.3 million remaining from the prior program. The company also declared a quarterly cash dividend of $0.25 per share, a 25% increase over the dividend paid in September 2026.

Detected & updated continuously · Source: Nebula