First Horizon Announces $1.2 Billion Share Repurchase Program, Declares Cash Dividends on Common and Preferred Stock

MEMPHIS, Tenn., Oct. 27, 2025 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or the "Company") today announced that its board of directors has authorized a new $1.2 billion common stock repurchase program to replace the Company's prior repurchase program, effective as of the close of business on October 27, 2025. This new authorization will expire on January 31, 2027. The terminated program had approximately $180 million of remaining authorization and was set to expire on January 31, 2026.

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