The Finish Line Inc. said Thursday that it has authorized a new 5 million share repurchase program. The new plan will go into effect when the current plan is complete. There are about 600,000 shares left in the current plan. The athletic apparel and accessories retailer also declared a regular quarterly dividend of 10 cents per share of outstanding common stock, payable on September 12, 2016 to shareholders of record as of August 26, 2016. Finish Line shares are up 1.3% in Thursday trading, but down 19.5% for the past year. The S&P 500 is up 2.5% for the last 12 months.
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