BB&T shares down after news of stock sale
NEW YORK |
NEW YORK (Reuters) - Shares of BB&T Corp fell 6.6 percent to $24.60 in premarket trading on Monday, after the regional bank said it would sell $1.5 billion of stock and cut its dividend by 68 percent.
(Reporting by Ryan Vlastelica. Editing by Walker Simon)
- Tweet this
- Link this
- Share this
- Digg this
- Reprints
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.
Follow Reuters