06-28-2017, 04:16 PM
BNY Mellon (NYSE: BK) has authorized a buyback of up to $2.6B, as well as repurchasing an additional $500M contingent on issuing $500M in preferred stock. It's also boosting its quarterly dividend to $0.24 from $0.19.
https://seekingalpha.com/pr/16875204-bny...t-0_24-per
https://seekingalpha.com/pr/16875204-bny...t-0_24-per