Comerica Inc.'s stock rose sharply on news of an expanded buyback program and the sale of its Illinois unit to ABN Amro North America Inc. for $190 million.

Shares closed at tk up a $1, on a generally sluggish day for bank stocks.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.