A total of 8,551,640 shares at an average price of $32.38 apiece would have been repurchased by March 19 under Cincinnati-based Fifth Third Bancorp's share repurchase agreement with Morgan Stanley & Co. LLC.
When the agreement was executed in December 2017, 7,727,273 common shares were bought back. An additional 824,367 shares will have been repurchased upon completion of the agreement on March 19.
Fifth Third is repurchasing its common shares as part of its 100 million share repurchase program.
