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Clorox (CLX) Raises Dividend; $750M Buyback
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Clorox Company (NYSE: CLX) board of directors declared a quarterly dividend of 46 cents per share, payable August 15, 2008, to stockholders of record on July 28, 2008. This is a 15% increase from the last quarterly dividend.
The board also authorized the company to repurchase its shares in the open market for an aggregate purchase price of up to $750 million.
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