The American Express (AXP) board approves the repurchase of up to 150M shares, replacing a prior...

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

The American Express (AXP) board approves the repurchase of up to 150M shares, replacing a prior program with about 70M in authorization remaining. The company 2 weeks ago received Fed approval for up to $4.2B in share repurchases over the next year as well as a bump in the dividend (next Q) to $0.23. (PR)