First Horizon National (FHN) Raises Quarterly Dividend 16.7% to $0.14; Approves Additional $250M Buyback
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First Horizon Expands Share Purchase Program and Increases Common Dividend by 17%
January 29, 2019 4:15 PM ESTMEMPHIS, Tenn., Jan. 29, 2019 (GLOBE NEWSWIRE) -- First Horizon National Corp.s (NYSE: FHN) board of directors today expanded its 2018 common share purchase program and increased its common dividend:
The board amended the common share purchase program to provide First Horizon with $250 million of additional share purchase authority for a new total authorization of $500 million. The program was also extended by one year to expire on January 31, 2021 and has approximately $400 million of remaining authorization. 1The board approved payment of a quarterly cash dividend on First Horizons common stock of... More