First BanCorp approves $350M buyback, raises dividend 25%
First BanCorp (FBP) approved a $350M stock buyback program and raised its quarterly dividend by 25% to $0.25 per share. The buyback, lasting until 2027, complements the $38.3M remaining from a prior program. The dividend is payable December 11, 2026. Management will execute repurchases based on market conditions and valuation.



