Regions Financial (RF) Buys Back U.S. Treasury TARP Warrant for $45M

Regions Financial Corp. (NYSE: RF) announced today that it completed the repurchase of the warrant issued to the United States Department of the Treasury as part of the TARP Capital Purchase Program. The warrant provided the right to purchase 48,253,677 shares of Regions common stock at $10.88 per share. Regions and the U.S. Treasury agreed upon a repurchase price of $45 million for the warrant.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Regions Financial (RF) PT Lowered to $20 at Truist Securities
• SunPower (SPWR) determined prior financial statements should no longer be relied upon
• CEL-SCI Corp (CVM) Appoints Mario Gobbo to Its Board