Royal Bank of Canada Buyback
OLI recorded this information on 2/23/2018
Company:
Royal Bank of Canada
Buyback:
RY buyback
Share Amount Authorized:
30,000,000
Buyback Details:
Royal Bank of Canada (the Bank) ("RY" on TSX and NYSE) today announced that the Toronto Stock Exchange (TSX) and the Office of the Superintendent of Financial Institutions (OSFI) have approved its normal course issuer bid to purchase, for cancellation, up to 30,000,000 of its common shares.
Royal Bank of Canada is a global financial institution. Co.'s segments are: Personal and Commercial Banking, which provides financial products and services to individuals and businesses for their day-to-day banking, investing and financing needs; Wealth Management, which serves high net worth and ultra-high net worth individual and institutional clients with advice-based solutions; Insurance, which includes RBC Insurance®, a Canadian bank-owned insurance organization; Investor and Treasury Services, which provides asset, payment and treasury services to financial institutions and asset owners worldwide; and Capital Markets, which includes RBC Capital Markets®, a global investment bank.
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Buy (3.08 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Analysts' Target Price: RY Stock Forecast Based on Zacks ABR data; powered by Xignite |