Morgan Stanley (MS) Board of Directors reauthorized a multi-year common equity share repurchase program of up to $20 billion, without a set expiration date, beginning in the third quarter of 2025. The share repurchases will be exercised from time to time at prices the Firm deems appropriate, subject to various considerations, including current market conditions, the Firm’s capital position and future economic and earnings outlook.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MS:
- xAI Raises $10B, Valued at $75B as Musk Expands AI Bet
- Musk’s xAI Valued at $75B in Latest $10B Funding Round
- U.S. banks rose after Federal annual health check success, Reuters says
- Fed says stress test showed large banks ‘well positioned,’ even in recession
- Goldman Sachs ‘the big winner’ of 2025 stress test, says Citi