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Dillard's sets new $250 million share buyback

By ArkansasOnline

This article was published March 22, 2013 at 8:32 a.m.

Little Rock-based Dillard's Inc. said Friday that its board of directors has approved a new $250 million share-repurchase program.

Dillard's completed its previous $250 million program Feb. 2 with the purchase of $92 million in outstanding shares.

The new authorization allows the company to repurchase its Class A common stock in the open market or through privately negotiated transactions, Dillard's said in a statement.

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