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Stockholders' equity
 6 Months Ended
Jun. 30, 2024
Stockholders' Equity Note  
Stockholders' Equity
Note 17 – Stockholders’ equity
As of June 30, 2024, stockholders’ equity totaled $
5.4
 
billion. During the six months ended June 30, 2024, the Corporation declared
cash dividends of $
1.24
 
(2023 - $
1.10
) per common share amounting to
 
$
89.7
 
million (2023 - $
79.2
 
million). The quarterly dividend
declared to stockholders of record as of the close
 
of business on
May 30, 2024
 
was paid on
July 1, 2024
.
On July 24, 2024, the Corporation announced the following actions as
 
part of its capital plan: (i) up to $
500
 
million in common stock
repurchases, and (ii)
 
an increase in its
 
quarterly common stock dividend
 
from $
0.62
 
per share to
 
$
0.70
 
per share, beginning in
 
the
first quarter of 2025, subject to approval by
 
its Board of Directors.