Fossil (FOSL) Shares Surge on $750M Stock Buyback
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Fossil (Nasdaq: FOSL) shares are starting the week higher today as the company announced a new $750 million stock buyback today. Shares are up about 6% to $46.72 early in the session.
The authorization expires on December 31, 2013 and repurchases may be made on the open market, in block trades or otherwise. The program may be suspended or discontinued at any time.
The authorization expires on December 31, 2013 and repurchases may be made on the open market, in block trades or otherwise. The program may be suspended or discontinued at any time.
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