other material
confidence high
sentiment positive
materiality 0.55
Fifth Third completes $300M ASR; 6.93M shares bought at $43.29; ~93.1M shares remain
FIFTH THIRD BANCORP
- Total 6,929,352 shares repurchased under July 18 ASR at average price $43.2941 per share.
- Initial repurchase of 5,926,098 shares on execution; final settlement added 1,003,254 shares on Sept 29.
- Remaining repurchase authority under the 100M share program is approximately 93.1M shares.
- Transaction counterparty was Deutsche Bank AG, London Branch.