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PetSmart (PETM) announces a $450M share repurchase and increases its dividend to 14.5 cents....

PetSmart (PETM) announces a $450M share repurchase and increases its dividend to 14.5 cents. “We believe the stability and predictability of our cash flow demonstrates the continued strength of our business,” says CEO Bob Moran, "creating shareholder value remains a priority." Shares flat AH.

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