BargainValueHunter Posted September 23, 2011 Share Posted September 23, 2011 http://www.zacks.com/stock/news/61546/Treasury+to+Sell+SunTrust+Warrants The U.S. Treasury has announced that it will auction 17.9 million stock warrants of SunTrust Banks Inc. (STI - Analyst Report) on Thursday. Following the sale these warrants, which the Treasury had received in exchange for $4.85 billion bail-out money, the company will be completely freed from government intervention. SunTrust’s warrants will be sold through modified Dutch auction. The auction includes 6,008,902 in “A” warrants (minimum bid price of $2.00) and 11,891,280 in “B” warrants (minimum bid price will be $1.05). Deutsche Bank AG (DB - Snapshot Report) and Lebenthal & Company will run the auction. Link to comment Share on other sites More sharing options...
PlanMaestro Posted January 3, 2013 Share Posted January 3, 2013 As 6.01 million, strike $33.70, expiration date of Dec. 31, 2018, DPS $0.54 http://www.sec.gov/Archives/edgar/data/750556/000119312511252839/d217887d424b7.htm Bs 11.89 million, strike $44.15, expiration date of Nov. 14, 2018, DPS $0.54 http://google.brand.edgar-online.com/EFX_dll/EDGARpro.dll?FetchFilingHtmlSection1?SectionID=8155871-128591-159704&SessionID=xMJXF6EB3b90R47 Link to comment Share on other sites More sharing options...
PlanMaestro Posted February 19, 2013 Share Posted February 19, 2013 Tangible BV $26 Book Value $37.6 TCE Ratio 8.4% Basel III 8.2% Link to comment Share on other sites More sharing options...
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