Hilltop Holdings Inc. Commences a Modified Dutch Auction Tender Offer to Repurchase up to $400 Million of its Common Stock

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May 02, 2022

Hilltop Holdings Inc. (NYSE: HTH) (“Hilltop” or the “Company”) announced today that it has commenced a modified “Dutch auction” tender offer (the “Tender Offer”) to purchase for cash up to $400 million of its common stock (the “Common Stock”) at a price per share not less than $28.00 and not greater than $32.00, less any applicable withholding taxes and without interest, using available cash on hand. On April 29, 2022, the closing price of the Common Stock was $25.49 per share. The Tender Offer will expire at 12:00 midnight, New York City time, at the end of the day on May 27, 2022, unless extended or terminated.