Simmons First National Approves $175M Class A Common Stock Buyback Program Through Jan. 2028

Simmons First authorizes $175 million buyback program

PINE BLUFF, Ark. — Simmons First National Corporation is authorizing a new stock repurchase program that allows the company to buy back up to $175 million of its Class A common stock, the bank holding company announces. The Board of Directors approves the program on Feb. 17, replacing a repurchase plan originally authorized in January 2024 that terminates on Jan. 31, 2026. The new program is set to run, unless ended earlier, through Jan. 31, 2028.

The repurchases may occur through open‑market transactions, privately negotiated purchases and Rule 10b5‑1 plans, and management retains discretion over timing, pricing and the amounts repurchased. The company says decisions will reflect factors such as trading volume, market price, corporate considerations, working capital and investment needs, general market and economic conditions, and legal requirements. Simmons stresses the program does not obligate it to repurchase any shares and that the Board may modify, suspend or discontinue the program at any time without prior notice.

Simmons anticipates funding repurchases from available liquidity, including cash on hand and future cash flow, and provides no specific repurchase schedule beyond the discretionary parameters it sets. The company notes customary caveats that repurchases depend on market conditions and internal capital needs, and it expects to balance buybacks with operational and regulatory obligations as it executes the program.

Regional banking footprint and credentials

Simmons First is a Mid‑South financial holding company founded in 1903 and pays cash dividends for 116 consecutive years. Its principal subsidiary, Simmons Bank, operates more than 220 branches across Arkansas, Kansas, Missouri, Oklahoma, Tennessee and Texas. The bank receives recent recognition from Newsweek, Forbes and U.S. News & World Report for regional performance and workplace rankings.

Caveats and governance context

The release contains customary forward‑looking statements and reiterates that there is no assurance of timing or volume of repurchases. Management retains flexibility to prioritize capital for working capital, investment and regulatory purposes, and may alter the program depending on corporate needs and legal constraints. Additional information is available at simmonsbank.com and via the bank’s X account.