Bank of America - The Company announced a $2 billion repurchase agreement for Countrywide Financial
Time: Thursday Aug 23, 2007
Place: U.S.
Details: On August 23, 2007, the company announced a $2 billion repurchase agreement for Countrywide Financial. This purchase of preferred stock was arranged to provide a return on investment of 7.25% per annum and provided the option to purchase common stock at a price of $18 per share.
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