KeyCorp Launches $3 Billion Share Buyback Plan

KeyCorp just announced a new program to buy back up to $3 billion of its own shares, replacing an older program with $280 million left. They're also handing out cash dividends to shareholders, with payments set for mid-June. This is all part of their strategy to keep shareholders happy and boost stock prices. What does it mean for you? If you're holding KeyCorp shares, keep an eye on your mailbox for those sweet dividend checks. And if you're considering investing, the buyback might make those shares a little more attractive by reducing supply and potentially boosting their value.