The board of United Bankshares (UBSI) met on August 24, 2026 and approved two things: a third-quarter dividend of $0.38 per share and a brand-new plan to repurchase up to 6.8 million shares of common stock—roughly 5% of shares outstanding. This new 2026 Plan replaces the buyback program approved back in November 2025, which was terminated effective the same day. Between July 1 and August 24, 2026, the company bought back 768,811 shares under the old plan at a weighted average price of $46.54 per share. One caveat: the new plan commits the company to nothing—timing, price, and quantity are entirely up to management, and the program can be paused or shut down at any time.
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