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USB > SEC Filings for USB > Form 8-K on 26-Mar-2014All Recent SEC Filings

Show all filings for US BANCORP \DE\

Form 8-K for US BANCORP \DE\


Other Events, Financial Statements and Exhibits

Item 8.01 Other Events.

On March 26, 2014, U.S. Bancorp announced that the Board of Governors of the Federal Reserve System did not object to the capital actions included in its 2014 capital plan submitted as part of its 2014 Comprehensive Capital Analysis and Review, and that it will recommend in June that its board of directors approve an increase in the dividend rate on U.S. Bancorp common stock to $0.98 on an annualized basis, or $0.245 on a quarterly basis beginning with the second quarter dividend payable in July 2014. U.S. Bancorp also announced that the board of directors has approved an authorization to repurchase up to $2.3 billion of its outstanding common stock. A copy of the press release is attached as Exhibit 99.1 hereto and is incorporated into this Item 8.01 by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

99.1 Press release dated March 26, 2014

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