Many are still wondering who’s buying a all these $BAC shares from Buffett

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Bank of America has taken a bold step to solidify its commitment to shareholders by renewing its $25 billion stock repurchase program, effective August 1, 2024. This strategic move replaces the previous buyback initiative, sending a clear message: the bank is dedicated to returning excess capital to its investors, reinforcing their trust and confidence in the institution.

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Sources:

newsroom.bankofamerica.com/content/newsroom/press-releases/2024/07/bank-of-america-increases-common-stock-dividend-8–to–0-26-per-.html

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