24.01.2024 01:08:31 - dpa-AFX: First Horizon To Repurchase Up To $650 Mln Of Stock

WASHINGTON (dpa-AFX) - First Horizon Corp. (FHN) said that its board has
authorized the company to repurchase up to $650 million of the company's common
stock. The authorization will expire on January 31, 2025.

Additionally, the company declared a quarterly common stock dividend of $0.15
per share. The dividend is payable on April 1, 2024 to shareholders of record at
the close of business on March 15, 2024.

'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,' said Chairman, President and
Chief Executive Officer Bryan Jordan.



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
FIRST HORIZON DL-,625 A0CAN7 Frankfurt 14,200 28.05.24 08:05:10 ±0,000 ±0,00% 0,000 0,000 14,200 14,200

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