Edition:
India

Charles Schwab Authorizes $1 Billion Stock Repurchase


Friday, 26 Oct 2018 

Oct 25 (Reuters) - Charles Schwab Corp ::SCHWAB AUTHORIZES $1 BILLION STOCK REPURCHASE, DECLARES COMMON STOCK DIVIDEND, AND DECLARES PREFERRED STOCK DIVIDENDS.CHARLES SCHWAB CORP - DECLARED A QUARTERLY CASH DIVIDEND OF $0.13 PER COMMON SHARE.CHARLES SCHWAB CORP - INTEND TO EXECUTE REPURCHASE AUTHORIZATION OVER NEXT FEW MONTHS.CHARLES SCHWAB CORP - SHARE REPURCHASE PROGRAM PREVIOUSLY HAD $596 MILLION OF SHARE REPURCHASES REMAINING UNDER TWO PRIOR AUTHORIZATIONS.CHARLES SCHWAB CORP - BOARD'S DECISION HAS REPLACED PREVIOUS AUTHORIZATIONS WITH APPROVAL TO REPURCHASE TOTAL OF $1 BILLION OF ITS COMMON STOCK.