May 28, 2009 (FinancialWire) — FirstMerit Corp. (NASDAQ: FMER) said it has repurchased a warrant to purchase 952,260 shares of common stock that was issued to the U.S. Department of Treasury on January 9 as part of the Capital Purchase Program. The company repurchased the warrant for $5.025 million.

On April 22, FirstMerit said it repurchased all of the $125 million in preferred, non-voting stock that was sold to the Treasury Department under the CPP.

Akron, Ohio-based FirstMerit is a financial services firm with 158 banking offices and 172 ATMs in Ohio and Western Pennsylvania counties.

FirstMerit main subsidiaries include FirstMerit Bank, N.A., FirstMerit Mortgage Corp., FirstMerit Title Agency, and FirstMerit Community Development Corp..

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