First Bancorp in Damariscotta, Maine, has repurchased warrants it sold to the Treasury Department under the Troubled Asset Relief Program.

The $1.6 billion-asset company disclosed in a regulatory filing Tuesday that it paid about $1.8 million to a group of private investors for the warrants, which would have entitled the owner to buy nearly 227,000 shares of common stock at $16.53 each.

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