SHAREHOLDERS' EQUITY SHAREHOLDERS' EQUITY (Notes)
|9 Months Ended|
Sep. 30, 2015
|Stockholders' Equity Note [Abstract]|
2015 Share Repurchase Program
During the three-month period ended September 30, 2015 Huntington repurchased a total of 6.8 million shares at a weighted average share price of $10.66. Huntington repurchased a total of 20.5 million shares of common stock during the nine-month period ended September 30, 2015, at a weighted average price of $10.76.
On March 11, 2015, Huntington announced that the Federal Reserve did not object to the proposed capital actions included in Huntington’s capital plan submitted to the Federal Reserve in January 2015. These actions included a potential repurchase of up to $366 million of common stock from the second quarter of 2015 through the second quarter of 2016. Purchases of common stock may include open market purchases, privately negotiated transactions, and accelerated repurchase programs. Huntington’s board of directors authorized a share repurchase program consistent with Huntington’s capital plan. This program replaced the previously authorized share repurchase program authorized by Huntington’s board of directors in 2014.
2014 Share Repurchase Program
During the three months ended September 30, 2014, Huntington repurchased a total of 5.4 million shares at a weighted average share price of $9.70. Huntington repurchased a total of 32.1 million shares of common stock during the nine months ended September 30, 2014, at a weighted average price of $9.34.
No definition available.
The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.
Reference 1: http://www.xbrl.org/2003/role/presentationRef