MILLERSBURG, Pa., Dec. 28, 2012 (GLOBE NEWSWIRE) -- The Board of Directors of Mid Penn Bancorp, Inc. ("Mid Penn") (Nasdaq:MPB) today proudly announced that it has repurchased and redeemed all of its Series A Preferred Stock that was issued to the U.S. Treasury under the TARP Capital Purchase Program. Mid Penn repurchased the preferred stock for a price equal to the aggregate liquidation amount of $10 million, plus accrued but unpaid dividends of $59,722.22.
Mid Penn Bancorp, Inc. Repurchases Its Entire $10 Million Of Preferred Stock Issued Under TARP Capital Purchase Plan
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.