Bank+of+America+Board+Declares+Dividends%2C+Authorizes+Buyback

Board declares dividend of $0.64 plus authorizes share buyback of up to 75 million shares in the next 12-18 months. Not sure if I like the buyback, would prefer a larger divi increase later in the year but I also realize the buyback might be juice my returns a little bit more than an increase in the divi. flickib41 (long BAC) http://biz.yahoo.com/prnews/080723/clw104....

... the topic of how to put the best spin on bad news - there's BofA's stock buyback announcement " Bank of America Board Declares Dividends, Authorizes Buyback" Here's the fine print: "The board also approved the repurchase of up to 75 million shares of common stock...shouldn't the headline say BofA reduces their buyback program from 200 million shares to 75 million shares? ...

... Terra Industries Inc. Reports Record Second Quarter Results, Declares Dividend Thursday July 24, 8:00 am ET ...189,150 of its common shares under its share buyback program at an average price of $39.65 ... and a total cost of $7.5 million. The program authorizes Terra to repurchase approximately 12.8 million shares (14 ...

... - TRA Terra Industries Inc. Reports Record Second Quarter Results, Declares Dividend SUMMARY Q2/08 vs. Q2/07: -- Operating income up ...Terra repurchased 189,150 of its common shares under its share buyback program at an average price of $39.65 per share and a total cost of $7.5 million. The program authorizes Terra to repurchase approximately 12.8 million shares (14 percent of...