Associated Banc-Corp (ASBC) Buys All Remaining TARP Preferred Shares
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Associated Banc-Corp (Nasdaq: ASBC) announced today that it has completed the repurchase of the remaining 262,500 shares of the Series A Preferred Stock that it issued to the U.S. Department of the Treasury under the Troubled Asset Relief Program Capital Purchase Program.
"We are pleased with investor response to our debt and preferred stock offerings last week and proud that we finished repurchasing the TARP preferred stock consistent with the commitment we made earlier this year to our shareholders to repay the TARP funds as soon as possible and in the most shareholder-friendly manner possible," said President and CEO Philip B. Flynn.
"We are pleased with investor response to our debt and preferred stock offerings last week and proud that we finished repurchasing the TARP preferred stock consistent with the commitment we made earlier this year to our shareholders to repay the TARP funds as soon as possible and in the most shareholder-friendly manner possible," said President and CEO Philip B. Flynn.
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