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Lorillard (LO +0.5%) approves a $500M share repurchase program. The company expects to make the...

  • Friday, March 8, 2:20 PM ET
    Lorillard (LO +0.5%) approves a $500M share repurchase program. The company expects to make the buybacks during the course of 2013.
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This news story has 2 comments:

  •  
    I thought their stock was cheap, apparently so does the company itself.
    8 Mar, 02:24 PM Reply Like
  •  
    Some of these shares will be purchased for the employee stock purchase program, which allows employees to purchase the stock at a discount of five percent.
    8 Mar, 02:58 PM Reply Like
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