10:51 AM EDT, 04/29/2025 (MT Newswires) -- Wells Fargo ( WFC ) said Tuesday its board has authorized a new common stock repurchase program of up to $40 billion, which will start after completion of the current repurchase program.

In addition, the bank said it kept quarterly dividend at $0.40 per share, payable June 1 to stockholders of record as of May 9.

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