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Stockholders' equity
9 Months Ended
Sep. 30, 2025
Stockholders' Equity Note  
Stockholders' Equity
Note 15 – Stockholders’ equity
As
 
of
 
September
 
30,
 
2025,
 
stockholders’
 
equity
 
totaled
 
$
6.1
 
billion.
 
During
 
the
 
nine
 
months
 
ended
 
September
 
30,
 
2025,
 
the
Corporation declared cash dividends of $
2.15
 
(2024 - $
1.86
) per common share amounting to $
146.6
 
million (2024 - $
134.3
 
million).
The quarterly dividend of $
0.75
 
per share declared to stockholders of record as
 
of the close of business on
September 12, 2025
 
was
paid on
October 1, 2025
.
During the quarter
 
ended September 30,
 
2024, the Corporation
 
completed the repurchase
 
of
599,096
 
shares of common
 
stock for
$
58.8
 
million at
 
an average price
 
of $
98.11
 
per share
 
under the 2024
 
common stock
 
repurchase program. During
 
the quarter
 
and
nine months ended
 
September 30, 2025,
 
the Corporation repurchased
1,000,862
 
shares of common
 
stock for $
119.4
 
million at an
average price of
 
$
119.33
 
per share, and
3,407,821
 
shares of common stock
 
for $
353.7
 
million at an
 
average price of $
103.78
, per
share, respectively,
 
as part of the
 
2024 and 2025 common
 
stock repurchases programs. As
 
of September 30, 2025,
 
$
429.0
 
million
remained available for stock repurchase under
 
the active repurchase authorization.