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Vantiv buys back newly issued common shares from Fifth Third Bank

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Vantiv buys back newly issued common shares from Fifth Third Bank

Fifth Third Bancorp unit Fifth Third Bank on Aug. 9 exchanged 19,790,000 of its class B units in Vantiv Inc. unit Vantiv Holding LLC for the same number of Vantiv Inc. class A common shares, while Vantiv Inc. bought back such newly issued class A common shares from Fifth Third Bank at $64.04 apiece.