Bank of America authorizes $40 billion stock repurchase program

Hey, Morgan. Bank of America announcing that it has authorized a $40 billion stock repurchase program. You can see those shares up about half a percent on this news.The company says the current program as of June 30th has about 9.1% billion uh remaining and this program, the the new one, the $40 billion repurchase program is effective August 1st and it will replace the current program. Uh so again, you can see shares up about half a percent on this $40 billion buyback announcement. ...