v3.25.1
Shareholders' Equity
3 Months Ended
Mar. 31, 2025
Equity [Abstract]  
Shareholders' Equity Shareholders’ Equity
Common Stock

The following table presents total dividends declared per share of common stock:

Three Months Ended March 31,
20252024
Cash dividends declared per share$0.52 $0.52 

Share Repurchase Activity

In June 2024, Truist announced that the Board had authorized the repurchase of up to $5.0 billion of common stock beginning in the third quarter of 2024 through 2026 as part of Truist’s overall capital distribution strategy. During the first quarter of 2025, the Company repurchased $503 million of common stock, including excise tax, which represented 11.3 million shares, through open market repurchases. Repurchased shares revert to the status of authorized and unissued shares upon repurchase. At March 31, 2025, Truist had remaining authorization to repurchase up to $3.5 billion of common stock under the Board approved repurchase plan.