Commerce Bancshares’ board approved a share-repurchase program authorizing the company to buy back up to 7.5 million shares of its common stock. The total includes shares still available under an earlier authorization approved in April, so it is not necessarily an additional 7.5 million shares on top of that remaining amount.
- The authorization combines the amount left under the April 24, 2026 program with the newly approved repurchases, for a total limit of up to 7.5 million shares.
- The announcement does not specify a repurchase timetable, price range or how many shares the company expects to buy.
- Any shares actually repurchased would reduce the number of Commerce Bancshares shares outstanding; the authorization itself does not mean the full amount will be bought.