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FILE PHOTO: A man walks from a branch of Wells Fargo bank in the University District of Seattle, Washington, U.S. December 6, 2024. REUTERS/Chris Helgren/File Photo
FILE PHOTO: A man walks from a branch of Wells Fargo bank in the University District of Seattle, Washington, U.S. December 6, 2024. REUTERS/Chris Helgren/File Photo
Home » News » Business & Economy » Wells Fargo to buy back up to $40 billion of its common stock
Business & Economy

Wells Fargo to buy back up to $40 billion of its common stock

by Reuters

(Reuters) -Wells Fargo said on Tuesday that its board had authorized a stock buyback program of up to $40 billion.

The new plan will take effect upon the completion of the current repurchase program, it said.

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(Reporting by Jaiveer Singh Shekhawat in Bengaluru; Editing by Anil D’Silva)

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Reuters
Information you can trust. Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. (c) 2025 Thomson Reuters

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