On June 27, 2019, Regions Financial Corporation (\”Regions\” or the \”Company\”) issued a press release announcing the authorization by Regions\’ Board of Directors of a common stock repurchase program that permits repurchases through the end of the second quarter of 2020 in an aggregate amount of up to $1.37 billion. The timing and exact amount of common stock repurchases is subject to the terms of Regions\’ capital plan, which includes a strategic goal to prudently manage Common Equity Tier 1 capital at 9.5%, and will be determined by a number of other factors, including actual loan growth, Regions\’ capital position and market conditions. Additionally, Regions’ Board of Directors will consider an increase in the quarterly common stock dividend, effective for the third quarter of 2019, at its regularly scheduled meeting in July 2019. The increased dividend, if approved by Regions’ Board of Directors, is expected to result in a dividend payout ratio within Regions’ stated target range of 35-45%.

A copy of the press release is attached as Exhibit 99.1 and is incorporated herein by reference.

(d) Exhibits

Exhibit No. Description of Exhibit

99.1 Press Release of June 27, 2019

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Cautionary Note Regarding Forward-Looking Statements

This Current Report on Form 8-K and the attached press release provided to Items

8.01 and 9.01 may contain forward-looking statements, which involve a number of risks

and uncertainties. Regions cautions readers that any forward-looking information is not a

guarantee of future performance and that actual results could differ materially from those

contained in the forward-looking information due to a number of factors, including those

listed from time to time in reports that Regions files with the Securities and Exchange

Commission, including, but not limited to, the Annual Report on Form 10-K for the year

ended December 31, 2018, and the Quarterly Report on Form 10-Q for the quarter ended March 31, 2019.

REGIONS FINANCIAL CORP Exhibit
EX-99.1 2 a06-27x19newsrelease.htm EXHIBIT 99.1 Exhibit EXHIBIT 99.1     Media Contact:   Investor Relations Contact:Evelyn Mitchell   Dana Nolan(205) 264-4551   (205) 264-7040         Regions Financial Corp. Announces Share Repurchase Program Up To $1.37 Billion BIRMINGHAM,…
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About REGIONS FINANCIAL CORPORATION (NYSE:RF)

Regions Financial Corporation is a financial holding company. The Company conducts its banking operations through Regions Bank, an Alabama state-chartered commercial bank, which is a member of the Federal Reserve System. It operates in three segments: Corporate Bank, which represents its commercial banking functions, including commercial and industrial, commercial real estate and investor real estate lending; Consumer Bank, which represents its branch network, including consumer banking products and services related to residential first mortgages, home equity lines and loans, small business loans, indirect loans, consumer credit cards and other consumer loans, as well as the corresponding deposit relationships, and Wealth Management, which offers individuals, businesses, governmental institutions and non-profit entities a range of solutions to enable transfer of wealth. It provides traditional commercial, retail and mortgage banking services, as well as other financial services.