First Horizon National (FHN) Adds $150M to Buyback Plan; Declares $0.07 Quarterly Dividend
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First Horizon Expands Share Purchase Program, Declares Quarterly Dividends
April 26, 2016 6:00 PM EDTMEMPHIS, Tenn., April 26, 2016 (GLOBE NEWSWIRE) -- First Horizon National Corp.'s (NYSE: FHN) board of directors expanded First Horizons 2014 common share purchase program based on the strong financial position of the company. As amended the program provides First Horizon with $150 million of new authority, or approximately $210 million in currently available authority, to make share purchases, and it will expire on Jan. 31, 2018. Purchases will continue to be made in the open market or through privately negotiated transactions and will be subject to market conditions, accumulation of excess... More
