Regions Financial (RF) Buys Back U.S. Treasury TARP Warrant for $45M
Tweet Send to a FriendGet Alerts RF Hot Sheet
Trade RF Now!
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.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- Acacia Research (ACTG) Enters Settlement with Red Hat (RHT)
- Marathon Oil (MRO) Terminates Athabasca Oil Sale
- Yingli Green Energy (YGE) to Supply 10.269 MW Modules to Malaysia Power Plant
Create E-mail Alert Related Categories
Corporate NewsRelated Entities
Treasury Capital Purchase Program
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
