Nordstrom (JWN) Annouces $500M Stock Buyback, Declares $0.37 Quarterly Dividend

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Go back to Nordstrom (JWN) Annouces $500M Stock Buyback, Declares $0.37 Quarterly Dividend

Nordstrom Board of Directors Authorizes $500 Million Share Repurchase Program and Approves Quarterly Dividend

February 17, 2017 9:00 AM EST

SEATTLE--(BUSINESS WIRE)-- Nordstrom, Inc. (NYSE: JWN) announced today that its board of directors has authorized a repurchase program of up to $500 million of the Companys outstanding common stock, through August 31, 2018. The Company intends to fund the repurchase program from existing cash on hand. The actual number and timing of share repurchases, if any, will be subject... More