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BRIEF-Bank Of America announces repurchase of $12 billion in common stock from July 1, 2017 through June 30, 2018
June 28, 2017 / 9:14 PM / 6 months ago

BRIEF-Bank Of America announces repurchase of $12 billion in common stock from July 1, 2017 through June 30, 2018

June 28 (Reuters) - Bank Of America Corp

* Bank of America announces increases to quarterly common stock dividend and common share repurchase program‍​

* Bank of america corp - board plans to increase quarterly dividend by 60 percent to $0.12 per share, beginning in the third quarter of 2017.

* Bank of America - board authorized the repurchase of $12 billion in common stock from july 1, 2017 through june 30, 2018

* Bank of America - board also authorized repurchases to offset shares awarded under equity-based compensation plans, estimated to be about $0.9 billion Source text :(bit.ly/2s3mXVL) Further company coverage:

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