Comerica To Continue Existing Share Repurchase Program In First Quarter Of 2012

By Allie Wickman
Benzinga Staff Writer
December 14, 2011 5:30 PM

Symbols: CMA

The Board of Directors of Comerica Incorporated (NYSE: CMA) approved Comerica's plan to continue its existing share repurchase program in the first quarter of 2012. Comerica anticipates that its share repurchase program, combined with dividend payments, will result in a payout of up to 50 percent of net income for the first quarter of 2012.

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Comerica To Continue Existing Share Repurchase Program In First Quarter Of 2012

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