Morgan Stanley Announces Share Repurchase of up to $5 Billion of Common Stock and the Increase of It

Morgan Stanley press release June 28, 2017 ------ Morgan Stanley (NYSE: MS) announced that the Board of Governors of the Federal Reserve System (“Federal Reserve Board”) did not object to the Firm’s 2017 Capital Plan. The capital plan includes the repurchase of up to $5 billion of outstanding common stock for the four quarters beginning in the third quarter of 2017 through the end of the second quarter of 2018, an increase from $3.5 billion in the 2016 Capital Plan, as well as an increase in the Firm’s quarterly common stock dividend to $0.25 per share from the current $0.20 per share, beginning with the common dividend expected to be declared for the third quarter of 2017. To learn more click on the picture below to read the release.