Monday, April 20 2009
Old National Leaving Treasury Program
Evansville-based Old National Bancorp (NYSE:ONB) is planning to end its participation in the federal Capital Purchase Program (CPP). It has informed the U.S. Treasury department of plans to essentially repurchase up to 813,000 shares of the company's stock issued to the Treasury last December. It is the second and final phase of Old National's move to end its involvement with the CPP.
Source: Source: Inside INdiana Business & Old National Bank