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The new buyback program, which will take effect on August 1, will replace the current authorization, which had about $9.1 ...
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 ...
Bank of America is the second largest U.S. bank and the fifth largest financial company by market capitalization.