Bank of America Sets Share Buyback Plan of Up to $3.75 Billion

Bank of America Sets Share Buyback Plan of Up to $3.75 Billion


July 23 (Bloomberg) -- Bank of America Corp., the biggest U.S. consumer bank, approved the purchase of up to 75 million shares of common stock.

Bank of America's board authorized management to spend up to $3.75 billion on the share repurchase, according to a PR Newswire release today from the Charlotte, North Carolina-based company.

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