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Mercantile Bank Corporation Announces TARP Repurchase

Mercantile Bank Corporation (NASDAQ: MBWM) announced today that it has repurchased 50 percent of the $21 million in non-voting preferred stock issued in May 2009 to the U.S. Department of the Treasury under the Treasury's Capital Purchase Program, as part of the Troubled Asset Relief Program.

Posted-In: News Buybacks

 

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