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Discover board approves new $2.7B stock buyback
The Fly

Discover board approves new $2.7B stock buyback

The Board of Directors has approved a new $2.7 billion share repurchase program. The new share repurchase program spans five quarters through June 30, 2024, replaces the prior program, and may be terminated at any time. The company expects to make share repurchases from time to time subject to the company’s capital plan, market conditions and other factors, including legal and regulatory restrictions and required approvals.

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