3 Bank Stocks With Buyback Plans of at Least $30 Billion Worth a Look

JPMorgan Chase, Bank of America, and Citigroup have launched major share buyback programs of $30-50 billion. Bank of America has been most aggressive, using 73% of its $40 billion authorization and reducing share count by 5.5% year-over-year. Citigroup achieved the highest share count reduction at 7.5% despite the smallest program, while JPMorgan has been slowest to deploy its $50 billion authorization with only 2.4% share count decline.