Bank of America Corp (NYSE:BAC) has announced a plan to suspend the repurchase of stock
after it found that it has miscalculated its capital levels.
Global Banking News-February 3, 2011--Fifth Third completes repurchase of stock
offered under TARP(C)2011 ENPublishing - http://www.
1091 wash-sales rules do not apply to the sale and repurchase of stock
or securities if the position is sold at a gain.
Ivo Tjan, chairman and CEO, said, 'The repurchase of stock
supports the confidence that management has in our company today and in the future.
The list includes amounts paid to repurchase stock, premiums paid for stock, legal, accounting, brokerage, transfer agent, appraisal and similar fees incurred in connection with the repurchase of stock
, and any other amount necessary or incident to the stock repurchase.