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Schwab Announces $3.5 Billion Capital Restructuring

The Charles Schwab Corporation (Nasdaq: SCHW) announced its plan to return approximately $3.5 billion in capital to stockholders and create a more efficient and cost-effective capital structure. The plan includes a special cash dividend of $1.00 per common share, which will return approximately $1.2 billion to stockholders and a $2.3 billion share repurchase through a [...]

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