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First Horizon Expands Share Purchase Program, Declares Quarterly Dividends

MEMPHIS, Tenn., Apr 26, 2016 (GLOBE NEWSWIRE via COMTEX) --

First Horizon National Corp.'s FHN, +1.33% board of directors expanded First Horizon's 2014 common share purchase program based on the strong financial position of the company. As amended the program provides First Horizon with $150 million of new authority, or approximately $210 million in currently available authority, to make share purchases, and it will expire on Jan. 31, 2018. Purchases will continue to be made in the open market or through privately negotiated transactions and will be subject to market conditions, accumulation of excess equity, prudent capital management and legal and regulatory restrictions. The 2014 program, originally announced in January 2014 and...


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