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First Horizon board expands stock buyback plan

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First Horizon board expands stock buyback plan

's board expandedthe Memphis, Tenn.-based company's 2014 common share purchase , according to an April 26 news release.

As amended theprogram provides First Horizon with $150 million of new authority, or about $210million in currently available authority, to make share purchases, and it will expireon Jan. 31, 2018.

Purchases willcontinue to be made in the open market or through privately negotiated transactions.The 2014 program, originally announced in January 2014 and previously in July 2015, is not tiedto any compensation plan.