Discover boosts repurchase plan

|About: Discover Financial Services (DFS)|By:, SA News Editor

In addition to a 20% boost in the dividend to $0.24 per share, Discover (DFS) announces a new $3.2B buyback program to replace the prior $2.4B plan. The company had previously proposed just a $1.6B buyback plan as part of the Fed's CCAR process.

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