BRIEF-Bank Of America announces repurchase of $12 billion in common stock from July 1, 2017 through June 30, 2018
* Bank of America announces increases to quarterly common stock dividend and common share repurchase program
DUBAI Oct 3 Saudi Telecom Co said on Sunday a decision by Saudi Arabia's government to provide it and other telecommunications operators with "unified licences" would provide positive opportunities for the company across its business.
However, the company said it was too early to determine the financial impact.
The Capital Market Authority on Sunday suspended trade in shares of the kingdom's listed telecommunications operators after the government decided to extend their licences. In addition, the government said it would provide the firms with "unified licences" allowing them to offer all telecommunications services. It did not give details. (Reporting by Tom Arnold; Editing by Andrew Torchia)
June 28 Warren Buffett's Berkshire Hathaway Inc may be on the verge of becoming Bank of America Corp's largest shareholder, after the bank raised its dividend in the wake of a positive assessment of its ability to handle market stresses.