First Horizon
FHN,
mentioned its board approved a inventory repurchase plan for as much as $650 million.
“Our strong capital provides for more optionality to capitalize on strategic growth opportunities while continuing to operate in the context of safety and soundness and return capital to our shareholders,” mentioned Bryan Jordan, chairman, president and chief government, on Tuesday.
First Horizon, the guardian firm of First Horizon Bank, has a market cap of $7.99 billion, 558.77 million shares excellent and a public float of 550.11 million shares.
Source web site: www.marketwatch.com
