First Horizon to Buy Back Stock -- Growing Strength
The Commercial Appeal (2007-Current) › October 18, 2011
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Summary
First Horizon National Corp. signaled Monday it has found surer ground since the 2008 national mortgage crisis staggered Tennessee's largest homegrown bank.
The Memphis company, operator of First Tennessee Bank, said it will buy $100 million worth of its own stock from shareholders on the open market.See the full content of this document
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First Horizon to Buy Back Stock -- Growing Strength
Reaching into its cash cushion for the buyback money is considered a healthy sign by analysts who track the company, which employs about 1,000 people in Downtown Memphis.
It...See the full content of this document
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