other material
confidence high
sentiment neutral
materiality 0.40
Fifth Third completes $300M ASR, repurchases 6.66M shares at $45.039 avg
FIFTH THIRD BANCORP
- Total 6,660,894 shares repurchased at $45.039 average price under October 21 ASR with Morgan Stanley.
- Initial delivery of 5,879,640 shares on October 21; final settlement of 781,254 shares on December 18.
- Remaining share repurchase authority under 100M share program is approximately 17.1M shares after ASR completion.