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JPMorgan Chase to Launch $30 Billion Share Repurchase Program in 2021

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JPMorgan Chase to Launch $30 Billion Share Repurchase Program in 2021

JPMorgan Chase (NYSE: JPM) announced that it has approved a $30 billion share repurchase program for 2021.

The news came within hours of the Federal Reserve releasing its second round of bank stress-testing results and declaring that it would allow large U.S. banks to conduct stock buybacks limited by their income in 2020.

Source Fool.com

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