Wells Fargo & Company Announces Common Dividend and Increased Common Stock Repurchase Authority
January 23 2018 - 3:10PM
Business Wire
Wells Fargo & Company (NYSE: WFC) today announced a
quarterly common stock dividend of $0.39 per share, payable March
1, 2018 to stockholders of record on Feb. 2, 2018, as approved
today by the Wells Fargo board of directors. Wells Fargo has
approximately 4.9 billion shares outstanding. The Wells Fargo board
of directors also increased the company’s authority to repurchase
common stock by an additional 350 million shares.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified,
community-based financial services company with $1.9 trillion in
assets. Wells Fargo’s vision is to satisfy our customers’ financial
needs and help them succeed financially. Founded in 1852 and
headquartered in San Francisco, Wells Fargo provides banking,
investments, mortgage, and consumer and commercial finance through
more than 8,300 locations, 13,000 ATMs, the internet
(wellsfargo.com) and mobile banking, and has offices in 42
countries and territories to support customers who conduct business
in the global economy. With approximately 263,000 team members,
Wells Fargo serves one in three households in the United States.
Wells Fargo & Company was ranked No. 25 on Fortune’s 2017
rankings of America’s largest corporations.
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