After a breathtaking acquisition spree, Regions Financial Corp. is pausing to take stock-and buy back some shares.

The $35 billion-asset company announced its first stock buyback program in many years when it said late Monday that it would repurchase 2.9 million shares, or about 1.4% of its common stock.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.