Ticker Talk
- Share via
Bloomberg News
Bank of America Corp., the biggest U.S. bank, said Wednesday that it will buy back up to 130 million shares of stock, or 7.5% of its outstanding shares, during the next two years. The Charlotte, N.C.-based bank’s shares fell $1.19 to close at $70.56 on the New York Stock Exchange. At that price, the buyback could total about $9 billion.
