Dossier
US$1 billion stock repurchase plan
Coverage of US$1 billion stock repurchase plan in the Nexus archive.
- Popular Second Quarter Profit Jumps 32%, US$1bn Buyback
Popular Inc, Puerto Rico's largest bank, reported a 32% increase in second-quarter net income and authorized a US$1 billion stock repurchase plan. CEO Javier D. Ferrer will retire, with CFO Jorge J. García set to succeed him in September.