Huntington Bancshares has announced plans to issue up to $150 million in stock, in what could be a burgeoning model for capital-hungry banks looking to avoid overly diluting their shares.

Though Huntington executives stressed that this sale would bring to a close the capital-raising efforts it began in May, some analysts said the Columbus, Ohio, company might be testing the market for a series of bite-size, common stock offerings to bolster its still relatively weak capital levels.

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