Bloomberg TV just reported that BOA has just put money aside for a Stock Buyback today
please wish don't announce now , wait to $13 then is good timing to say buyback stock and discuss increase divident until $18. god bless these news come true at right time.
BAC WILL NEED PERMISSION FROM Fullcustomi...to buy back shares.
Awww.... Didn't know Fullcustomic is such an important boody!-:)
Any idea on how much was set aside?
Do they need the Fed approve stock buyback? I know BAC must have the Fed approve dividend.
They are expecting to get it this year, that is why they are putting the money aside - bloomberg