Wells Fargo announces US$18b buyback plan, doubles dividend

Published Tue, Jun 29, 2021 · 12:02 AM

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    [BENGALURU] Wells Fargo & Co said on Monday it planned to repurchase US$18 billion worth of shares for the period between the third quarter of 2021 and the second quarter of 2022.

    The bank also said it expects to double its common stock dividend in the third quarter to 20 cents per share.

    REUTERS

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