Huntington Bancshares Incorporated Buyback
OLI recorded this information on 6/28/2017
Company: |
Huntington Bancshares Incorporated |
Buyback: |
HBAN buyback |
$Amount Authorized: |
$308,000,000 |
Buyback Details: |
Huntington Bancshares Incorporated (NASDAQ: HBAN; www.huntington.com) was notified by the Federal Reserve that it had no objection to Huntington's proposed capital actions included in Huntington's capital plan submitted in the 2017 Comprehensive Capital Analysis and Review ("CCAR"). These planned actions include: A 38% increase in the quarterly dividend per common share to $0.11, starting in the fourth quarter of 2017, subject to approval by the Board of Directors, The repurchase of up to $308 million of common stock over the next four quarters (July 1, 2017 through June 30, 2018), subject to authorization by the Board of Directors, and Maintaining dividends on the outstanding classes of preferred stock and trust preferred securities. |
Huntington Bancshares is a bank holding company. Through its subsidiaries, including its bank subsidiary, The Huntington National Bank, Co. provides commercial and consumer banking services, mortgage banking services, automobile financing, recreational vehicle and marine financing, equipment financing, inventory finance, investment management, trust services, brokerage services, insurance products and services, and other financial products and services. Co.'s segments are: Commercial Banking, which includes Regional Commercial Banking, Specialty Banking and other business units; Consumer and Business Banking; Vehicle Finance; and Regional Banking and The Huntington Private Client Group.
Huntington Bancshares SEC Filing Email Alerts Service
Preferreds: HPCCP, HBANN, HBANM, HBANP, HBANL
Open the HBAN Page at The Online Investor »
Company Name: |
Huntington Bancshares Inc |
Stock buyback: |
HBAN buyback |
Website: |
www.huntington.com |
Sector: |
Banking & Savings |
Number of ETFs Holding HBAN: |
110 |
Total Market Value Held by ETFs: |
$3.87B |
Total Market Capitalization: |
$19.97B |
% of Market Cap. Held by ETFs: |
19.37% |
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