KeyCorp Buyback
OLI recorded this information on 6/28/2018
Company:
KeyCorp
Buyback:
KEY buyback
$Amount Authorized:
$1,125,000,000
Buyback Details:
KeyCorp (NYSE: KEY) announced its 2018 Capital Plan, which was submitted as part of the Federal Reserve's Comprehensive Capital Analysis and Review. The Federal Reserve indicated it had no objection to the Company's plan, which includes a common share repurchase program of up to $1.225 billion and a 42% increase in the quarterly common share dividend from $0.12 per share up to $0.17 per share.
KeyCorp is a bank holding company. Through its subsidiary, KeyBank National Association and other subsidiaries, Co. provides a range of retail and commercial banking, commercial leasing, investment management, consumer finance, student loan refinancing, commercial mortgage servicing and special servicing, and investment banking products and services to individual, corporate, and institutional clients through two segments: Consumer Bank and Commercial Bank. In addition, Co.'s bank and its trust company subsidiary provide personal and institutional trust custody services, personal financial and planning services, access to mutual funds, treasury services, and international banking services.
KeyCorp SEC Filing Email Alerts Service
Preferreds: KEY.PRG, KEY.PRI, KEY.PRJ, KEY.PRK, KEY.PRL
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Buy (3.22 out of 4) 41st percentile
(ranked lower than approx. 59% of all stocks covered)
Analysts' Target Price: KEY Stock Forecast Based on Zacks ABR data; powered by Xignite |