Historydraft LogoHistorydraft Logo HistorydraftbetaHistorydraft Logo Historydraftbeta

Bank of America

The Company announced a $2 billion repurchase agreement for Countrywide Financial

Thursday Aug 23, 2007
U.S.

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.


<