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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Business News
December 26, 2025 08:42 ET Third quarter economic growth data from some major economies including the U.S. were the main news in this holiday shortened week. GDP growth and industrial production data from the U.S. helped to boost morale, while the consumer confidence survey results were less upbeat. In Europe, the quarterly economic growth data from the U.K. drew attention, while the minutes of the Australian central bank’s latest policy session was in focus in Asia.