This plan balances our lower risk approach with sustainable strategic growth and does not include large and transformational acquisitions.This morning’s announced capital actions are consistent with our strategic plans. Today, we declared a $0.04 increase in our quarterly common dividend. This increase leaves us within our pay out range of 40 to 50%. We also announced our intention to commence a normal course issuer bid to repurchase up to 8.1 million common shares or approximately 2% of shares outstanding.
Canadian Imperial Bank Of Commerce CEO Discusses Q3 2012 Results - Earnings Call Transcript
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