v3.25.1
Stockholders' equity
 3 Months Ended
Mar. 31, 2025
Stockholders' Equity Note  
Stockholders' Equity
Note 17 – Stockholders’ equity
As of March
 
31, 2025, stockholders’
 
equity totaled $
5.8
 
billion. During the
 
quarter ended March
 
31, 2025, the
 
Corporation declared
cash dividends of
 
$
0.70
 
(2024 - $
0.62
) per common
 
share amounting to
 
$
48.4
 
million (2024 -
 
$
44.8
 
million). The quarterly
 
dividend
of $
0.70
 
per share declared
 
to stockholders of
 
record as of the
 
close of business
 
on
March 18, 2025
 
was paid on
April 1, 2025
. On
May 8, 2025, the Corporation’s Board of Directors approved a quarterly cash dividend of $
0.70
 
per share on its outstanding common
stock, payable on
July 1, 2025
 
to stockholders of record at the close of business on
May 29, 2025
.
During
 
the
 
quarter
 
ended
 
March
 
31,
 
2025,
 
the
 
Corporation
 
completed
 
the
 
repurchase
 
of
1,270,569
 
shares
 
of
 
common
 
stock
 
for
$
122.3
 
million at an average
 
price of $
96.24
 
per share. As of March
 
31, 2025, a total of
 
$
339.6
 
million has been repurchased
 
under
the previously announced share repurchase authorization of up to $
500
 
million.