{"id":87437,"date":"2025-07-24T01:51:30","date_gmt":"2025-07-24T01:51:30","guid":{"rendered":"https:\/\/www.europesays.com\/us\/87437\/"},"modified":"2025-07-24T01:51:30","modified_gmt":"2025-07-24T01:51:30","slug":"bank-of-america-authorizes-40-billion-stock-repurchase-plan","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/87437\/","title":{"rendered":"Bank of America authorizes $40 billion stock repurchase plan"},"content":{"rendered":"\n<p class=\"yf-1090901\">(Reuters) -Bank of America said on Wednesday its board has authorized a $40 billion stock repurchase program.<\/p>\n<p class=\"yf-1090901\">The new buyback program, which will take effect on August 1, will replace the current authorization, which had about $9.1 billion in repurchases remaining as of June 30, the bank said.<\/p>\n<p class=\"yf-1090901\">The biggest U.S. lenders have enough capital to withstand a hypothetical severe economic and market turmoil scenario, the Federal Reserve said last month.<\/p>\n<p class=\"yf-1090901\">(Reporting by Prakhar Srivastava in Bengaluru; Editing by Devika Syamnath)<\/p>\n","protected":false},"excerpt":{"rendered":"(Reuters) -Bank of America said on Wednesday its board has authorized a $40 billion stock repurchase program. The&hellip;\n","protected":false},"author":3,"featured_media":87438,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[21866,64,58727,58726,67,132,68],"class_list":{"0":"post-87437","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-bank-of-america","9":"tag-business","10":"tag-buyback-program","11":"tag-stock-repurchase","12":"tag-united-states","13":"tag-unitedstates","14":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/114905709571485697","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/87437","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=87437"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/87437\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/87438"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=87437"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=87437"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=87437"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}