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Bank of America, Authorizes and Stock Buyback

Bank of America authorizes $40 billion stock repurchase plan
The new buyback program, which will take effect on August 1, will replace the current authorization, which had about $9.1 billion in repurchases remaining as of June 30, the bank said. The Reuters Tariff Watch newsletter is your daily guide to the latest global trade and tariff news. Sign up here.
Warren Buffett Sells Bank of America and Buys a Monster Stock Up 1,700% Since 2011
Warren Buffett's Berkshire Hathaway sold shares of Bank of America and added shares of Domino's Pizza in the first quarter. Bank of America is the second largest U.S. bank as measured by domestic deposits,
Bank of America Authorizes $40 Billion Stock Buyback Program
Bank of America's board has authorized a $40 billion common stock repurchase program. The bank said Wednesday the buyback is effective Aug. 1, and will replace its current program that expires that day. As of June 30, the current program had approximately $9.1 billion in common stock repurchases remaining, the company said.
$40 billion buyback sends Bank of America stock surging
Bank of America is throwing serious cash at its stock. The firm just launched a $40 billion buyback program, lighting a fuse under its shares, which jumped 1% in late New York trading on Wednesday. The board gave the green light for the new plan to start right after August 1,
Bank of America to buy back US$40 billion of shares in new programme
NEW YORK] Bank of America announced a new US$40 billion stock-buyback programme, sending shares up. Read more at The Business Times.
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