Foot Locker OKs $150 Million Buyback

It covers three years.
Author:
Publish date:

Foot Locker

(FL) - Get Report

, a retailer of athletic footwear and apparel, said that its board approved a new $150 million, three-year stock buyback program.

Foot Locker, under a previous repurchase program made in 2005, repurchased 1.6 million shares for $35 million.

The company also declared a quarterly dividend of 9 cents, payable on April 28 to shareholders of record on April 14.

This story was created through a joint venture between TheStreet.com and IRIS.