theMReport.com Your trusted source for mortgage banking news
The firm also repurchased approximately 7 million shares‒‒worth about $250 million‒‒of its common stock in the quarter. According to the statement, Morgan Stanley stock leapt from 74 cents per share to $1.18 between the first quarters of 2014 and 2015. The firm plans to repurchase as much as $3.1 billion of common stock through the end of Q2 2016.
Read More »Morgan Stanley Posts Solid Q1 Earnings Amid Strong Equity Sales and Investments
