BUZZ-Zions rises on approval for additional $200 mln share buyback

Zions Bancorporation NA

27/08/2021 18:00

** Shares in Zions Bancorporation  ZION.O  up 4.2% at $58.1
    ** ZION board on Thursday authorized an additional common
share repurchase of up to $200 mln for Q3, taking the total
amount to $325 mln, or about 3.5% of co's current market
capitalization  urn:newsml:reuters.com:*:nBw57sfXKa
    ** As of Aug 24, ZION had repurchased 1.8 mln of its common
shares, worth $98 mln, in Q3 - co
    ** Stock up ~34% YTD

 (Reporting by Sahil Shaw in Bengaluru)
 ((sahil.shaw@thomsonreuters.com))