Foot Locker (FL) announces a new $400M stock buyback program, good for acquiring 9.5% of all...

|About: Foot Locker, Inc. (FL)|By:, SA News Editor

Foot Locker (FL) announces a new $400M stock buyback program, good for acquiring 9.5% of all outstanding shares based on today's close. The company is also boosting its quarterly dividend by a penny to $0.18/share (2.6% annual yield).