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Polo Ralph Lauren Board Authorizes New $250 Mln Stock Repurchase Program - Quick Facts
August 6, 2010, Friday, 22:14 GMT | 17:14 EST | 02:44 IST | 05:14 SGT
(RTTNews) - Polo Ralph Lauren Corp. (RL) Friday said its Board of Directors authorized a new $250 million stock repurchase program. The program permits the company to repurchase $250 million of its shares of Class A Common Stock. This amount is in addition to the $319 million available at the end of the first quarter of fiscal year 2011 as part of previously authorized stock repurchase programs, bringing the company's total current authorizations to $569 million.
Polo Ralph Lauren Corporation is a marketer of premium lifestyle products.
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