# POPULAR, INC. (BPOPO) — capital_return/buyback_authorization [announced]
Source: SEC API (secapi.ai) · situation sit_9f4ba0b92be513e99703 · retrieved 2026-08-11T16:14:19.170Z

## Overview
Popular, Inc. is the leading financial institution by assets and deposits in Puerto Rico and ranks among the top 50 U.S. bank holding companies by assets; it provides retail, mortgage, and commercial banking services through its principal subsidiary Banco Popular de Puerto Rico in Puerto Rico and the U.S. and British Virgin Islands, and through Popular Bank in the mainland United States.

Popular, Inc. announced on July 23, 2026, plans to increase its quarterly common stock dividend from $0.75 per share to $0.90 per share, effective with the fourth quarter 2026 dividend payment, subject to Board approval. The company also announced a new common stock repurchase authorization of up to $1 billion. The company had previously repurchased approximately $280 million in common stock during 2026 and fully utilized a $500 million repurchase authorization approved in 2025.

## Terms
- Deal value: $1.00B · Price/share: $0.9

## Key dates
- Announced 2026-07-23 · Expected close 2026-08-31

## Timeline
- 2026-07-23 · 8-K (0000763901-26-000013): 8-K - POPULAR, INC. — *Popular, Inc. (NASDAQ: BPOP) is the leading financial institution in Puerto Rico by assets and deposits, and ranks among the top 50 U.S. bank holding companies by assets; it provides retail, mortgage, and commercial banking services in Puerto Rico and the U.S. and British Virgin Islands through its principal subsidiary Banco Popular de Puerto Rico, and in the mainland United States through Popula…* Javier D. Ferrer, President and Chief Executive Officer of Popular, Inc., announced his retirement effective August 31, 2026. Jorge J. García, Executive Vice President and Chief Financial Officer, will succeed Mr. Ferrer as President and Chief Executive Officer effective September 1, 2026. In connection with this appointment, Lidio V. Soriano, Executive Vice President and Chief Risk Officer, has been named Executive Vice President and Chief Financial Officer, and Luis Sousa, Senior Vice President and head of the Credit Risk Management Division, has been named Executive Vice President and Chief Risk Officer, effective September 1, 2026.
  https://www.sec.gov/Archives/edgar/data/763901/0000763901-26-000013.txt
- 2026-07-23 · 8-K (0001193125-26-313376): 8-K - POPULAR, INC. — *Popular, Inc. is the leading financial institution by assets and deposits in Puerto Rico and ranks among the top 50 U.S. bank holding companies by assets; it provides retail, mortgage, and commercial banking services through its principal subsidiary Banco Popular de Puerto Rico in Puerto Rico and the U.S. and British Virgin Islands, and through Popular Bank in the mainland United States.* Popular, Inc. announced on July 23, 2026, plans to increase its quarterly common stock dividend from $0.75 per share to $0.90 per share, effective with the fourth quarter 2026 dividend payment, subject to Board approval. The company also announced a new common stock repurchase authorization of up to $1 billion. The company had previously repurchased approximately $280 million in common stock during 2026 and fully utilized a $500 million repurchase authorization approved in 2025.
  https://www.sec.gov/Archives/edgar/data/763901/0001193125-26-313376.txt

## Citations
- 0000763901-26-000013 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000076390126000013
- 0001193125-26-313376 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526313376