Purchased 292.0560 Shares Wells Fargo Bank

Wells Fargo

With a tangible book value of approximately $33 per share and a current market price of $33.24 per share, the Banking Pool diversified its portfolio. He purchased 292.056 shares of Wells Fargo Bank this morning. The company is scheduled to report its fourth-quarter results later this week. 

Including a transaction fee of $1 per share, the total investment is $10,000. The market recovery price is set to $53.00 per share, and it is anticipated that this will be achieved within 18 months. For clarification, this purchase is ex-dividend, which exists for holders of record on January 11, 2021. Technically, the Fund is the holder of record on January 12, 2021. Act on Knowledge.

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