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American Express Completes Repurchase of $3.39 Billion of Preferred Shares from U.S. Treasury

by swmerchant 17. June 2009 08:55
NEW YORK, June 17, 2009 -- American Express announced today that it has repurchased the $3.39 billion of preferred shares that were issued to the United States Department of Treasury (Treasury Department) as part of the Capital Purchase Program.

The Treasury Department received complete repayment of its initial investment, plus a final pro rata accrued dividend of $15.1 million in addition to the $59.3 million in dividend payments previously received. Read More

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American Express

American Express Completes Repurchase of $3.39 Billion of Preferred Shares from U.S. Treasury American Express Completes Repurchase of $3.39 Billion of Preferred Shares from U.S. Treasury American Express Completes Repurchase of $3.39 Billion of Preferred Shares from U.S. Treasury American Express Completes Repurchase of $3.39 Billion of Preferred Shares from U.S. Treasury American Express Completes Repurchase of $3.39 Billion of Preferred Shares from U.S. Treasury American Express Completes Repurchase of $3.39 Billion of Preferred Shares from U.S. Treasury American Express Completes Repurchase of $3.39 Billion of Preferred Shares from U.S. Treasury American Express Completes Repurchase of $3.39 Billion of Preferred Shares from U.S. Treasury American Express Completes Repurchase of $3.39 Billion of Preferred Shares from U.S. Treasury American Express Completes Repurchase of $3.39 Billion of Preferred Shares from U.S. Treasury American Express Completes Repurchase of $3.39 Billion of Preferred Shares from U.S. Treasury American Express Completes Repurchase of $3.39 Billion of Preferred Shares from U.S. Treasury
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