WINSTON-SALEM, N.C. — BB&T Corp. said Thursday that it plans a new buyback program in which it will repurchase up to 20 million shares of common stock to help fund acquisitions.

The $56.7 billion-asset company said that it has almost completed a buyback begun in April 1999. That program, a repurchase of 10 million shares, was also used for acquisitions, the company said.

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