Fifth Third Bancorp announces new 100M share repurchase plan Fifth Third (FITB) announced that its Board of Directors approved a new share repurchase authorization of up to 100M shares, which replaces the previous authorization from 2012 under which approximately 54M shares remain. Fifth Third's capital plan included potential common share repurchases of up to $984M through the first quarter of 2014, in addition to any incremental repurchases related to any after-tax gains from the sale of Vantiv (VNTV) stock.
News For FITB;VNTV From The Last 14 Days
Check below for free stories on FITB;VNTV the last two weeks.
Fifth Third Bancorp upgraded to Outperform from Neutral at RW Baird RW Baird upgraded Fifth Third Bancorp to Outperform citing the recent pullback in shares. The firm raised its price target for the stock to $23 from $22.