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First Horizon Corporation Buyback

OLI recorded this information on 1/23/2024

Company: First Horizon Corporation
Buyback: FHN buyback
$Amount Authorized: $650,000,000
Buyback Details: First Horizon Corporation (NYSE: FHN or the "Company") today announced that its board of directors has authorized the Company to repurchase up to $650 million of the Company's common stock.

First Horizon is a bank holding company. Through its principal subsidiary, First Horizon Bank (the Bank), Co. provides regional banking, mortgage lending, title insurance, specialized commercial lending, commercial leasing and equipment financing, brokerage, wealth management, capital markets, and other financial services to commercial, consumer, and governmental clients throughout the U.S. Co.'s operating segments are: Regional Banking, which provides financial products and services, including conventional lending and deposit taking; and Specialty Banking, which consists of lines of business that deliver product offerings and services with specialized industry knowledge.

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Preferreds: FHN.PRA, FHN.PRB, FHN.PRC, FHN.PRD, FHN.PRE, FHN.PRF


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Company Name:  First Horizon Corp
Stock buyback:  FHN buyback
Website:  www.firsthorizon.com
Sector:  Banking & Savings
Number of ETFs Holding FHN:  65
Total Market Value Held by ETFs:  $1.63B
Total Market Capitalization:  $7.77B
% of Market Cap. Held by ETFs:  21.01%
 

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April 18, 2024    1:15 PM Eastern
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Buy (3.20 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)

Analysts' Target Price:
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