Comerica Plans Share Repurchase of Up to $288M, Increases Dividend to $0.17 from $0.13

Comerica Plans Share Repurchase of Up to $288M, Increases Dividend to $0.17 from $0.13

By: Latest Articles from Benzinga.com

Posted on March 14, 2013 at 16:54 PM EDT

Comerica Incorporated (NYSE: CMA ) today announced that the Federal Reserve had completed its 2013 Capital Plan review and that it did not object to the Comerica capital plan and capital distributions contemplated in the plan. The plan provides for up to $288 million in equity repurchases for

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Comerica, Inc. NewStar Financial, Inc.

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