Bank of America Corporation
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Publicatie datum
12 mrt 2015 - 00:07
Statutaire naam
Bank of America Corporation
Titel
BANK OF AMERICA CORPORATION FILED A FORM 8-K
Bericht
CHARLOTTE, N.C.– (BUSINESS WIRE) – March 11, 2015 – Bank of America Company (the “Corporation”) today informed its securities holders that it has filed a Current Report on Form 8-K with the U.S. Securities and Exchange Commission ("SEC") on March 11, 2015, announcing that, that the Corporation’s Board of Directors authorized a $4 billion common stock repurchase program.
In addition, the Corporation announced that the Federal Reserve Board completed its 2015 Comprehensive Capital Analysis and Review and informed the Corporation that it did not object to the Corporation’s capital plan for the period from the second quarter of 2015 through the second quarter of 2016. This plan includes the $4 billion common stock repurchase program and maintaining the common stock dividend at the current rate of $0.05 per share per quarter. The Federal Reserve Board also asked the Corporation to submit an additional capital plan by September 30, 2015 addressing certain weaknesses identified in the Corporation’s capital planning process. If the Corporation does not make material progress in addressing these key weaknesses, the Federal Reserve Board may restrict the Corporation’s capital distributions.
Bank of America Corporation makes available all of its SEC filings on its website: http://investor.bankofamerica.com/phoenix.zhtml?c=71595&p=irol-irhome.
The SEC maintains a website that contains reports, proxy statements and other information regarding issuers that file electronically with the SEC. These materials may be obtained electronically by accessing the SEC’s website at http://www.sec.gov. A copy of the document will also be available on the National Storage Mechanism's website at: http://www.morningstar.co.uk/uk/NSM.
CONTACT: Michael Pressman, Assistant General Counsel, Bank of America, Office +1 980 386-5083.
Datum laatste update: 20 december 2025