FBL Financial Group Inc. said it expects to purchase more than 2.58 million of its shares through a tender offer that ended yesterday. FBL will purchase the shares at a price of $35 per share, for an expected total cost of $90.2 million. The West Des Moines-based insurer also announced it expects to repurchase more than 644,000 shares from Iowa Farm Bureau Federation for $35 per share at a cost of approximately $22.6 million. FBL said it will fund the purchase of the shares in the tender offer and the private repurchase using cash on hand. The transactions are part of a $200 million stock repurchase authorization announced on Oct. 7, 2011. Following the transactions, FBL will have completed the repurchase of approximately $126.5 million in shares.