Share Repurchase Programs

3 Months Ended

Mar. 31, 2016

Equity [Abstract]

Share Repurchase Program

Note 2 - Share Repurchase Program

During the third quarter of 2015, Synovus' Board of Directors authorized a $300 million share repurchase program to be completed over the next 15 months. As of March 31, 2016, Synovus had repurchased a total of $148.0 million or 5.1 million shares under the $300 million share repurchase program. During the first quarter of 2016, Synovus repurchased $110.9 million or 3.9 million shares and during the fourth quarter of 2015, Synovus repurchased $37.1 million or 1.2 million shares under the $300 million share repurchase program. At March 31, 2016, the remaining authorization under this program was $152.0 million.