Comerica Rewards Shareholders With New Share Repurchase Plan

Comerica Incorporated’s (CMA) board has approved an additional share repurchase authorization of up to 10 million shares of its outstanding common stock, with no expiration date. This new authorization is in addition to the five million shares available as of Sept. 30, 2024, under the prior share repurchase program. In the fourth quarter of 2024, Comerica plans to repurchase approximately $100 million worth of shares as part of its repurchase program.Comerica’s Consistent Quarterly Dividend PayoutThe bank a ...