Reuters logo
BRIEF-Berkshire says will exercise warrants to acquire 700 mln shares of Bank of America
2017年6月30日 / 上午10点23分 / 4 个月前

BRIEF-Berkshire says will exercise warrants to acquire 700 mln shares of Bank of America

June 30 (Reuters) - Berkshire Hathaway Inc:

* Berkshire Hathaway Inc News release

* Bank of America Corp announced plans to increase quarterly dividend to $0.12 per share on June 28

* When Bank of America increases quarterly dividend​, co will exercise warrants to acquire 700 million shares of Bank of America at $7.142857/share

* Expects to use $5 billion of Bank of America Corporation 6% preferred stock that currently owns as consideration to acquire common shares Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below