Shares of financial services provider State Street Corporation (STT) are rising more than 10% Wednesday morning at $82.29.
The company today announced an increase of up to $500 million to its previously announced share buyback.
State Street said it now intends to repurchase up to $1.5 billion shares in the fourth quarter of 2022.
STT has traded in the range of $58.62-$104.87 in the last 52 weeks.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.