Associated Banc to repurchase $10 million of 6.125% preferred stock

By Wendy Van Sickle

Columbus, Ohio, Aug. 28 – Associated Banc-Corp.’s board of directors authorized the repurchase of up to $10 million of the depositary shares of its 6.125% non-cumulative perpetual preferred stock, series C, according to a press release.

The board also authorized the repurchase of up to $10 million of the warrants to purchase shares of Associated common stock that expire Nov. 21, 2018.

The bank holding company is based in Green Bay, Wis.

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