GREEN BAY, Wis., Aug. 28, 2015 /PRNewswire/ -- The Board of
Directors of Associated Banc-Corp (NYSE:ASB) ("Associated") today
authorized the repurchase of up to $10
million of the depositary shares each representing a 1/40
interest in a share of Associated's 6.125% Non-Cumulative Perpetual
Preferred Stock, Series C (NYSE:ASB.PRC). The Board also authorized
the repurchase of up to $10 million
of the Warrants to purchase shares of Associated common stock which
expire on November 21, 2018
(NYSEMKT:ASB.WS).
Repurchases under such authorizations are subject to regulatory
limitations and may occur from time to time in open market
purchases, block transactions, accelerated share repurchase
programs or similar facilities.
ABOUT ASSOCIATED BANC-CORP
Associated Banc-Corp (NYSE: ASB) has total assets of
$27 billion and is one of the top 50,
publicly traded, U.S. bank holding companies. Headquartered in
Green Bay, Wis., Associated is a
leading Midwest banking franchise, offering a full range of
financial products and services in over 200 banking locations
serving more than 100 communities throughout Wisconsin, Illinois and Minnesota, and commercial financial services
in Indiana, Michigan, Missouri, Ohio and Texas. Associated Bank, N.A. is an Equal
Housing Lender, Equal Opportunity Lender and Member FDIC. More
information about Associated Banc-Corp is available at
www.associatedbank.com.
FORWARD LOOKING STATEMENTS
Statements made in this document which are not purely historical
are forward-looking statements, as defined in the Private
Securities Litigation Reform Act of 1995. This includes any
statements regarding management's plans, objectives, or goals for
future operations, products or services, and forecasts of its
revenues, earnings, or other measures of performance. Such
forward-looking statements may be identified by the use of words
such as "believe", "expect", "anticipate", "plan", "estimate",
"should", "will", "intend", "outlook", or similar
expressions. Forward-looking statements are based on current
management expectations and, by their nature, are subject to risks
and uncertainties. Actual results may differ materially from those
contained in the forward-looking statements. Factors which
may cause actual results to differ materially from those contained
in such forward-looking statements include those identified in the
Company's most recent Form 10-K and subsequent SEC filings.
Such factors are incorporated herein by reference.
Investor Contact:
Teresa Gutierrez, Senior Vice
President, Director of Investor
Relations
920-491-7059
Media Contact:
Cliff Bowers, Senior Vice
President, Director of Public
Relations
920-491-7542
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SOURCE Associated Banc-Corp