Discover Financial Services (DFS: Quote) Tuesday said it approved a new share repurchase program to buy back up to $2 billion of common shares. The program expires on March 22, 2014, and may be terminated at any time.
This new share repurchase program replaces the prior $1 billion program that had $575 million of remaining authorization.
The company also declared a cash dividend of $0.10 per share, payable on April 19 to stockholders as of April 5.
Click here to receive FREE breaking news email alerts for Discover Financial Services LLC and others in your portfolio
by RTT Staff Writer
For comments and feedback: firstname.lastname@example.org