Seeking Alpha

Raymond James (RJF +2.2%) is trading higher this morning after announcing a dividend payout and...

Raymond James (RJF +2.2%) is trading higher this morning after announcing a dividend payout and combined $75M buyback of stock and senior notes. The company is the latest firm to unveil expanded repurchase programs while its shares are under pressure, having pared 33% off its value since hitting a high in late February.
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