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Stock impact report

Truist Completes Purchase of Truist Center

Truist Financial Corporation (TFC) 
Last truist financial corporation earnings: 4/20 05:45 am Check Earnings Report
Company Research Source: PR Newswire
CHARLOTTE, N.C., March 31, 2020 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced it has completed the purchase announced last year of Truist Center, formerly Hearst Tower, Charlotte's iconic Class-A, 47-story office tower in the heart of Uptown. The 214 North Tryon Street office building, which opened in 2002 and now serves as Truist's corporate headquarters, was purchased for $455,500,000."Today marks an important milestone in our journey as Truist Center becomes official," said Truist Chairman and CEO Kelly S. King. "Charlotte is one of the world's top financial centers and an emerging fintech hub, and Truist is proud to be a part of this thriving business community. As a purpose-driven company, our new corporate home is symbolic of our commitment to innovation, stability, and serving our clients, teammates and communities."In light of the COVID-19 pandemic, decisions about the building, including branding, signage and occupancy plans, will be announced at a Show less Read more
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