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US Treasury: First Horizon, 1st Source Repurchase Warrants Issued Under TARP

WASHINGTON -(Dow Jones)- First Horizon National Corp. (FHN) and 1st Source Corp. (SRCE) on Wednesday repurchased warrants they received under the Treasury Department's Troubled Asset Relief Program, delivering $83.5 million to federal coffers. First Horizon, based in Memphis, Tenn., repurchased 14.84 million warrants to purchase common stock at a strike price of $8.76 for $79.7 million in proceeds, Treasury said. 1st Source, of South Bend, Ind., repurchased 837,947 warrants at a strike price of $19.87 for $3.75 million in proceeds, Treasury said. TARP repayments now total $287 billion of the $411 billion disbursed under the program, Treasury said. -By Jeffrey Sparshott; Dow Jones Newswires; 202-862-9291; jeffrey.sparshott@dowjones.com

Stock News for First Horizon (FHN)
DateTimeHeadline
04/17/201507:26:46Current Report Filing (8-k)
04/17/201507:21:33Current Report Filing (8-k)
04/17/201507:20:00First Horizon Posts Adjusted Earnings of $42 Million and Adjusted...
04/10/201517:18:49Commerce Bancshares: Not Competitive In A Competitive Peer Group
04/10/201516:05:00First Horizon National Corp. to Announce Financial Results and...
04/09/201516:20:34Current Report Filing (8-k)
04/09/201516:05:00First Horizon to Settle Key Mortgage Matter
04/03/201514:29:31Statement of Changes in Beneficial Ownership (4)
04/03/201514:26:22Statement of Changes in Beneficial Ownership (4)
04/03/201514:24:11Statement of Changes in Beneficial Ownership (4)
04/03/201514:21:36Statement of Changes in Beneficial Ownership (4)
04/03/201514:19:28Statement of Changes in Beneficial Ownership (4)
04/03/201514:16:37Statement of Changes in Beneficial Ownership (4)
04/03/201514:14:19Statement of Changes in Beneficial Ownership (4)
04/03/201514:11:26Statement of Changes in Beneficial Ownership (4)
04/03/201514:08:43Statement of Changes in Beneficial Ownership (4)
04/03/201514:06:35Statement of Changes in Beneficial Ownership (4)
04/03/201514:03:58Statement of Changes in Beneficial Ownership (4)
03/30/201510:19:38The Best Stocks To Buy This Week
03/19/201506:31:49Prospectus Filed Pursuant to Rule 424(b)(3) (424b3)

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