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Article: Wal-Mart hiking stock buyback.(Wal-Mart Stores)(Brief Article)
- Article from:
- Daily News Record
- Article date:
- August 23, 1996
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Copyright informationCOPYRIGHT 1996 Conde Nast Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK (FNS) -- Wal-Mart Stores Inc. said it will boost its stock-buyback program by $50 million to bring the total amount of stock available for repurchase to $200 million.
Under the program, the Bentonville, Ark.-based discount giant has acquired about $130 million in stock since the program began in January 1995. The shares to be repurchased account for less than 1 percent of the 2.3 ...
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