Brief: Popular Announces Entry Into $350 Mln Accelerated Share Repurchase Agreement
May 3 (Reuters) - Popular Inc BPOP.O :
* POPULAR ANNOUNCES ENTRY INTO $350 MILLION ACCELERATED
SHARE
REPURCHASE AGREEMENT
* POPULAR - UNDER AGREEMENT, ON MAY 4, WILL MAKE AN INITIAL
PAYMENT OF $350 MILLION AND RECEIVE AN INITIAL DELIVERY OF 3.8
MILLION SHARES OF CO'S COMMON STOCK
Source text for Eikon: ID:nBw8g44kfa
Further company coverage: BPOP.O
((Reuters.Briefs@thomsonreuters.com;))
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