Enterprise Financial Services repurchases warrants from U.S. Tresury Enterprise Financial Services announced that it has repurchased the warrants issued to the U.S. Department of the Treasury as part of the TARP Capital Purchase Program. The warrants provided the right to purchase 324,074 shares of Enterprise common stock. Enterprise and the Treasury Department agreed upon a repurchase price of approximately $1M for the warrants. This transaction completes Enterprise's exit from the Capital Purchase Program. The Company has already repurchased in full the $35M in preferred stock it issued to the Treasury under the Program.
Keefe Bruyette to hold a conference 16th Annual Community Bank Investor Conference is being held in New York on July 28-29 with webcasted company presentations to begin on July 29 at 8 am; not all company presentations may be webcasted. Webcast Link