StockNews.AI
WFC
StockNews.AI
112 days

Wells Fargo & Company Announces Common Stock Dividend and New $40 Billion Common Stock Repurchase Program

1. Wells Fargo approved a $0.40 dividend per share for June 2025. 2. A new $40 billion stock repurchase program will follow the current one.

Shares Buyback
+1.18%Current Return
VS
+0.47%S&P 500
$70.18504/29 10:46 AM EDTEvent Start
$71.0104/30 05:19 PM EDTLatest Updated
2m saved
Insight
Article

FAQ

Why Bullish?

The dividend increase and share repurchase indicate strong financial health and investor confidence. Historically, when WFC has engaged in similar actions, it led to positive stock price movements.

How important is it?

Dividends and repurchase programs positively resonate with investors, boosting demand for WFC shares.

Why Long Term?

The impact of enhanced shareholder returns through dividends and buybacks tends to support long-term stock price appreciation, as was seen after similar initiatives in previous years.

Related Companies

JPMBACC
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) today announced its board of directors approved a quarterly common stock dividend of $0.40 per share, payable June 1, 2025, to stockholders of record on May 9, 2025. The Wells Fargo board of directors also authorized a new common stock repurchase program of up to $40 billion to take effect upon the completion of the current repurchase program. The program will be executed consistent with the company's internal capital adequac.

Related News