Zions Bancorporation Authorizes $75 Million Buyback, Increases Dividend

MT Newswires Live07-31

Zions Bancorporation (ZION) said Thursday its board of directors approved up to $75 million in common stock repurchases for Q3.

The bank also raised its quarterly common dividend by 6.7% to $0.48 per share, payable Aug. 20 to shareholders of record as of Aug. 13, the company said.

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