KeyCorp Authorizes $3 Billion Share Repurchase Program
KeyCorp announced that its Board of Directors has authorized a new share repurchase program pursuant to which KeyCorp may purchase up to $3B of KeyCorp common shares, through open market purchases, privately negotiated transactions, or other means, including through Rule 10b5-1 plans and other programs, at the discretion of management and on terms that management determines to be advisable. The new repurchase authorization replaces KeyCorp's existing $1B share repurchase authorization, which had approximately $280M in common stock repurchases remaining
