SLM approves a $500M share repurchase program with no set expiration date. The company commonly...

|About: SLM Corporation (SLM)|By:, SA News Editor
SLM approves a $500M share repurchase program with no set expiration date. The company commonly known as Sallie Mae also boosted its dividend payout to $0.125/share from $.10/share - marking a new yield of 3.2% on shares.