Foot Locker (FL) Authorizes $400M Buyback, Boosts Qtr. Dividend by 9% to 18c/Share

Foot Locker (NYSE: FL) replaces $250 million buyback with a $400 million buyback.

Raises its quarterly dividend by 9 percent from 16.5 cents to 18 cents per share. The dividend is payable on April 27th to shareholders of record on April 13th.

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