Foot Locker OKs $150 Million Buyback
It covers three years.
Foot Locker
(FL) - Get Free 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.
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