HUNTINGTON BANCSHARES INCORPORATED (NASDAQ:HBAN) Files An 8-K Other Events
Item 8.01 Other Information.
that it had no objection to Huntington’s proposed capital actions
included in Huntington’s capital plan submitted in the 2017
Comprehensive Capital Analysis and Review (CCAR). These actions
included a 38% increase in the quarterly dividend per common share
to $0.11, starting in the fourth quarter of 2017, the repurchase of
up to $308 million of common stock over the next four quarters
(July 1, 2017 through June 30, 2018), subject to authorization by
the Board of Directors, and maintaining dividends on the
outstanding classes of preferred stock and trust preferred
securities. A copy of the press release is attached as Exhibit 99.1
hereto.
|
Item 9.01.
|
Financial Statements and Exhibits.
|
purposes of Section 18 of the Securities Exchange Act of 1934, as
amended.
|
(d)
|
Exhibits.
|
dated June 28, 2017.
HUNTINGTON BANCSHARES INC/MD ExhibitEX-99.1 2 hban-2017x06x28x8kxex991.htm EXHIBIT 99.1 Exhibit Exhibit 99.1 FOR IMMEDIATE RELEASEJune 28,…To view the full exhibit click here About HUNTINGTON BANCSHARES INCORPORATED (NASDAQ:HBAN)
Huntington Bancshares Incorporated is a diversified regional bank holding company. Through its subsidiaries, including its bank subsidiary, The Huntington National Bank (the Bank), the Company is engaged in providing commercial, small business, consumer banking services, mortgage banking services, automobile financing, equipment leasing, investment management, trust services, brokerage services, customized insurance programs, and other financial products and services. It operates through five segments: Retail and Business Banking, Commercial Banking, Automobile Finance and Commercial Real Estate, Regional Banking and The Huntington Private Client Group, and Home Lending. The Company offers commercial and industrial loans, commercial real estate loans, automobile loans, home equity loans, residential mortgage loans and other consumer loans. It offers demand deposits-noninterest-bearing, demand deposits-interest-bearing, money market deposits, and savings and other domestic deposits.
