Fed Approves Dividend, Buyback Plans Of All 34 Biggest Banks

WASHINGTON (AP) — The Federal Reserve has given the green light to all 34 of the biggest banks in the U.S. to raise their dividends and buy back shares, judging their financial foundations sturdy enough to withstand a major economic…

BING NEWS:
  • Axis Capital unveils $300M buyback, declares $0.44/share dividend
    The new repurchase program is incremental to the company's previously announced $100M buyback, which has $36M available for ... In addition, the board has declared a quarterly dividend of $0.44 per ...
    05/16/2024 - 10:30 am | View Link
  • 3 Hot Buyback Plans Supporting Price Action in 2024
    Share repurchases are a controversial topic because they often do little more than hide the impact of share-based compensation or amplify (at face value) sluggish earnings growth. However, as with the ...
    05/15/2024 - 3:10 am | View Link
  • Sony shares leap 12% on buyback and dividend plans, higher profit outlook
    Shares in Sony Group jumped 12% in early Tokyo trading on Wednesday after the company pledged to boost shareholder returns and forecast higher annual profit with a boost from its image sensors ...
    05/14/2024 - 1:52 pm | View Link
  • Apple’s $110B buyback is larger than the market caps of 418 S&P 500 stocks
    Apple (NASDAQ:AAPL) recently updated its capital return plan by adding a $110B to its buyback program. According to data highlighted by Mizuho, this massive buyback program is larger than 84% of the ...
    05/7/2024 - 2:01 am | View Link
  • Apple stock price surges on dividend, stock buyback news despite plunge in iPhone sales
    Despite posting its steepest quarterly decline in iPhone sales since the beginning of the pandemic, Apple's stock surged Thursday after the company announced a 4% increase in its quarterly dividend ...
    05/2/2024 - 12:30 pm | View Link
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