Hawthorn Bancshares Inc. made the final move to complete its obligation to the U.S. Treasury's Troubled Asset Relief Program.
The Lee's Summit-based holding company (NASDAQ: HWBK) for Hawthorn Bank spent $540,000 to repurchase the warrant issued to the U.S. Treasury that gave them the right to purchase 287,134 shares of the company for $15.81 a share. The move means the U.S. government no longer has any ownership stake or ownership rights in Hawthorn Bancshares.
"We are pleased to have the transaction…
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