- Dr. Pepper Snapple (NYSE:DPS-OLD) announces it approved a new buyback authorization of $1B. The new share repurchase allowance brings the company's total buyback firepower to $5B.
- The company also boosted its quarterly dividend payout rate by 10% to $0.53/share.
- DPS +0.23% AH to $89.85.
Dr. Pepper Snapple adds to buyback firepower, raises dividend payout
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| Symbol | Last Price | % Chg |
|---|---|---|
| DPS-OLD | - | - |
| Dr Pepper Snapple Group, Inc. | ||