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Associated Banc-Corp Buyback

Stock quotes in this article: ASBC  

Bank holding company Associated Banc-Corp (ASBC Quote) said Thursday that it repurchased 2 million shares at $31.43 a share for a total cost of about $63 million from UBS AG London branch.

The shares, repurchased under an accelerated share repurchase program, represent about 1.5% of its outstanding common stock.

The accelerated share repurchase program enabled Associated to purchase the shares immediately, while UBS may purchase shares in the market over a period of up to 60 days. ...

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