Huntington Bancshares Inc. (HBAN) announced that the Federal Reserve had no objection to its proposed capital actions which included a 25% increase in the dividend per common share to $0.05, starting in the second quarter of 2013, and the potential repurchase of up to $227 million of common stock through the first quarter of 2014.
Huntington's Board of Directors is expected to consider the next quarterly dividend and share repurchase program at its April 16, 2013 meeting.
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