NEOS Investment Management LLC increased its stake in Regions Financial Corporation by 40.8% in Q3, purchasing 35,539 additional shares to hold a total of 122,626 shares valued at $3.234 million. The company recently announced a quarterly dividend of $0.265 per share and a $3.0 billion share repurchase program, despite missing Q4 EPS and revenue expectations. Insider activity includes an EVP selling 36,000 shares for $1.04 million, reducing his position by over 67%.
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NEOS Investment Management LLC Acquires 35,539 Shares of Regions Financial Corporation $RF
NEOS Investment Management LLC increased its stake in Regions Financial Corporation by 40.8% in Q3, purchasing 35,539 additional shares to hold a total of 122,626 shares valued at $3.234 million. The company recently announced a quarterly dividend of $0.265 per share and a $3.0 billion share repurchase program, despite missing Q4 EPS and revenue expectations. Insider activity includes an EVP selling 36,000 shares for $1.04 million, reducing his position by over 67%.