REG-Morgan Stanley Morgan Stanley Announces Share Repurchase of up to $5 Billion of Common Stock and the Increase of Its Quarterly Di

Morgan StanleyAnnouncement

29/06/2017 07:00

      Morgan Stanley Announces Share Repurchase of up to $5 Billion of       Common Stock and the Increase of Its Quarterly Dividend to $0.25 Per       Share    
    
      Morgan Stanley (NYSE: MS) today announced that the Board of Governors of       the Federal Reserve System (Federal Reserve Board) did not object to       the Firms 2017 Capital Plan. The capital plan includes the repurchase       of up to $5 billion of outstanding common stock for the four quarters       beginning in the third quarter of 2017 through the end of the second       quarter of 2018, an increase from $3.5 billion in the 2016 Capital Plan,       as well as an increase in the Firms quarterly common stock dividend to       $0.25 per share from the current $0.20 per share, beginning with the       common dividend expected to be declared for the third quarter of 2017.    
      James Gorman, Chairman and Chief Executive Officer of Morgan Stanley,       said, For the fifth consecutive year we have increased our capital       return to shareholders. This underscores the strength of Morgan       Stanleys capital position and the significant changes we have made to       our business model and risk profile. We will continue to invest in our       franchise and execute on our strategic priority of increasing capital       returns subject to any changes to the CCAR process."    
      Morgan Stanley is a leading global financial services firm providing       investment banking, securities, wealth management and investment       management services. With offices in more than 42 countries, the Firm's       employees serve clients worldwide including corporations, governments,       institutions and individuals. For more information about Morgan Stanley,       please visit www.morganstanley.com.    
      Morgan Stanley
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      Morgan Stanley