Business Context and Reporting Period
Company: United Community Banks, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: December 8, 2025
Event: Approval of a new common stock repurchase program by the Board of Directors.
Key Financial Metrics
This filing does not report revenue, profit, cash flow, margins, debt, or liquidity metrics. It focuses exclusively on capital allocation actions.
- New Repurchase Authorization: Up to $100.0 million of outstanding common stock.
- 2025 Repurchases to Date: $44 million under the current program.
- Program Duration: Effective after December 31, 2025, through December 31, 2026.
Material Changes
The primary material change is the authorization of a new $100.0 million stock repurchase program to commence upon the expiration of the current program on December 31, 2025. The company has already repurchased $44 million in shares during 2025 under the existing authorization.
Guidance, Outlook, and Risks
Management Commentary: The Board approved the program to return capital to shareholders. Repurchases may occur on the open market, in privately negotiated transactions, or other compliant methods.
Discretionary Nature: The program may be modified, suspended, or discontinued at any time without prior notice. It does not obligate the Company to repurchase any specific number of shares.
Factors Influencing Execution: Decisions will depend on stock price performance, market conditions, availability of alternative investment opportunities, and other factors deemed appropriate by management.
Investor Verification Checklist
- Verify the exact expiration date of the current repurchase program (stated as December 31, 2025).
- Confirm the total number of shares repurchased to date under the current program versus the dollar value ($44 million).
- Monitor future 8-K filings or quarterly reports for actual execution of the new $100.0 million authorization.
- Review the attached press release (Exhibit 99.1) for any additional details on the rationale for the buyback.