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Campbell Soup: new share repurchase program.

(CercleFinance.com) - Campbell Soup said on Wednesday that its board has authorised an envelop of up to 1.
5 billion dollars to be used for stock repurchases.

The US soupmaker said the new share repurchase program will replace the June 2011 authorisation of one billion dollars, which is nearly exhausted.

Campbell also declared a regular quarterly dividend of 0.35 dollar per share, payable on 1 May to registered shareholders as of end of business on 12 April.

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