American Express (AXP +2.2%) confirms a new repurchase program of 150M shares worth of its...

|About: American Express Company (AXP)|By:, SA News Editor

American Express (AXP +2.2%) confirms a new repurchase program of 150M shares worth of its common stock and says it will raise its dividend payout by 11% to $0.20 per share. AXP now trades with a 1.23% yield.