26.01.2016 23:12:14

Wells Fargo Increases Repurchase By Additional 350 Mln Shares

(RTTNews) - Wells Fargo & Co. (WFC) announced a quarterly common stock dividend of $0.375 per share, which is payable March 1, 2016, to stockholders of record on Feb. 5, 2016, as approved today by the company's board of directors.

Wells Fargo, which has approximately 5.1 billion shares outstanding, announced that its board also increased the company's authority to repurchase common stock by an additional 350 million shares.

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