Business

Worth Watching News for Traders: Associated Banc-Corp (NYSE:ASB)

On Dec. 10, 2019, The Board of Directors of Associated Banc-Corp (NYSE:ASB) authorized the repurchase of up to $150 million of Associated’s common stock. This repurchase authorization is in addition to the previously authorized repurchases. There remains approximately $35 million under the previous authorizations, such that there is now approximately $185 million authorized in the aggregate. Repurchases under such authorizations are subject to any necessary regulatory approvals and other limitations and may occur from time to time in open market purchases, block transactions, private transactions, accelerated share repurchases, or similar facilities.

ABOUT ASSOCIATED BANC-CORP

Associated Banc-Corp (NYSE: ASB) has total assets of $33 billion and is one of the top 50, publicly traded, U.S. bank holding companies. Headquartered in Green Bay, Wisconsin, Associated is a leading Midwest banking franchise, offering a full range of financial products and services from more than 240 banking locations serving more than 120 communities throughout Wisconsin, Illinois and Minnesota, and commercial financial services in Indiana, Michigan, Missouri, Ohio and Texas. Associated Bank, N.A. is an Equal Housing Lender, Equal Opportunity Lender and Member FDIC.

On Tuesday Associated Banc-Corp (NYSE:ASB) started its trading session with the price $21.53 and closed at price of $21.51 by scoring -0.37%. Day range of the stock was $21.45 – $21.74. ASB stock traded with total volume of 935472 shares while the average trading capacity remained 1007146 shares.  Earnings per share was $1.99. ASB has total market capitalization of $3427444305.

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