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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; [email protected]

Stock News for First Horizon (FHN)
DateTimeHeadline
01/13/201707:06:23Current Report Filing (8-k)
01/13/201707:00:00Momentum strong as First Horizon wraps up 2016
01/13/201706:37:23Current Report Filing (8-k)
12/21/201616:39:06Statement of Changes in Beneficial Ownership (4)
12/21/201616:30:00First Horizon National Corp. to Announce Financial Results and...
12/20/201612:30:00One new New Year’s resolution for financial well-being
12/19/201615:00:00FTB Advisors earns national honor for customer service
12/05/201615:30:00First Tennessee earns national awards for small business banking
12/02/201612:31:59First Tennessee to aid financial recovery for Gatlinburg wildfire...
11/29/201616:44:56First Tennessee Foundation to match donations for Gatlinburg...
11/29/201616:15:00First Horizon National Corp. to participate in 2016 Goldman Sachs...
11/21/201607:00:00First Tennessee to promote Pam Fansler to chairman, Dave Miller...
11/10/201616:25:04Statement of Changes in Beneficial Ownership (4)
11/07/201616:21:58Quarterly Report (10-q)
11/07/201608:30:00First Horizon National Corp. to Post Analysts' Materials on www.FirstHorizon.com...
10/27/201616:15:00FTN Financial Acquires Coastal Securities
10/25/201616:30:00First Horizon Declares Quarterly Dividends
10/25/201608:00:00First Tennessee adds free access to 43,000 ATMs
10/24/201611:14:09Form 13f Cover Page (13f-nt)
10/18/201607:00:00First Tennessee Bank expands specialty finance businesses

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