{"id":85401,"date":"2023-07-26T01:00:31","date_gmt":"2023-07-26T05:00:31","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=85401"},"modified":"2023-07-26T00:39:11","modified_gmt":"2023-07-26T04:39:11","slug":"wells-fargo-announces-30-billion-buyback-shares-rise","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2023\/wells-fargo-announces-30-billion-buyback-shares-rise.html","title":{"rendered":"Wells Fargo announces $30 billion buyback, shares rise"},"content":{"rendered":"\n<p>(CNBC) <a href=\"https:\/\/www.cnbc.com\/quotes\/WFC\/\">Wells Fargo<\/a> shares popped Tuesday after the bank said it would buy back $30 billion in stock. The company also said its board of directors approved a <a href=\"https:\/\/www.cnbc.com\/2023\/06\/30\/wells-fargo-to-lift-quarterly-dividend-to-35-cents-a-share-after-fed-stress-test-.html\">previously announced<\/a> dividend increase, to 35 cents per share from the previous 30 cents. The sum is payable on Sept. 1 to shareholders of record on Aug. 4.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/07\/25\/wells-fargo-announces-30-billion-buyback-shares-rise.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Wells Fargo shares popped Tuesday after the bank said it would buy back $30 billion in stock. The company also said its board of directors approved a previously announced dividend increase, to 35 cents per share from the previous [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-85401","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/85401","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=85401"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/85401\/revisions"}],"predecessor-version":[{"id":85402,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/85401\/revisions\/85402"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=85401"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=85401"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=85401"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}