Bank of America (BAC) Tops Q1 EPS by 20c, Revenues Beat

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Bank of America (BAC) Announces $25B Share Buyback Plan

April 15, 2021 6:02 AM EDT

Bank of America Corporation (NYSE: BAC) today announced that its Board of Directors has authorized the repurchase of up to $25 billion of common stock over time. This authorization reflects the companys commitment to return to shareholders excess capital that is not needed to support economic growth, deliver for customers and communities, invest in the future and sustain strength and stability through the cycle. The Board also authorized... More