• Most Popular
  • Most Shared

Associated Banc-Corp buys back 2 mln shares

Tue Feb 6, 2007 9:06pm EST

Stocks

   

NEW YORK, Feb 6 (Reuters) - Associated Banc-Corp. (ASBC.O), a Midwest U.S. banking company, said on Tuesday it paid about $68.2 million to buy back 2 million shares through an accelerated repurchase program.

IPOs

The Green Bay, Wisconsin-based company said it repurchased the shares from Citibank NA, and that the buyback covers about 1.5 percent of its outstanding common stock.

Associated said it has about 5.8 million shares remaining under prior buyback authorizations. The company has about $21 billion of assets and operates more than 315 banking offices in Wisconsin, Illinois and Minnesota.

IPOs


More from Reuters

Photo

U.S. health bill passes crucial Senate test

WASHINGTON (Reuters) - A broad healthcare overhaul passed its first crucial test in the U.S. Senate on Monday, with 60 Democrats voting to put President Barack Obama's top legislative priority on a path to passage by Christmas. | Video

» More Top News
A woman shops at a Sam's Club store, a division of Wal-Mart Stores, in Bentonville, Arkansas June 4, 2009. REUTERS/Jessica Rinaldi

The food-stamp economy

On the last day of every month, shoppers at Walmart load their carts with food and household items and wait for the midnight hour. Is this the new normal in America?  Full Article 

U.S.
Two men shake hands in a file photo. REUTERS/File

Let's make a deal

The battered M&A sector will make a tepid recovery in the coming year and three hot sectors will lead the way, according to a Thomson Reuters analysis.  Full Article 

Global Deals Review