Great Southern Bancorp Inc. in Springfield, Mo., said Wednesday that had repurchases a series of warrants held by the Treasury Department as part of the Troubled Asset Relief Program.
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The company issued the 10-year warrants on December 2008. The warrants had entitled the Treasury Department to buy 909,091 shares of Great Southern's common stock at $9.57 a share.
The $3.4 billion-asset company repurchased the warrants as part of an agreement for buy the instruments for $7.08 each.
