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Ameriprise Financial extends buyback program and hikes dividend

Ameriprise Financial (NYSE: AMP) announced board approval to extend its current share repurchase program by up to an additional $1 billion through March 2009. The current buyback program was approved in March 2006 and authorized repurchase of up to $750 million through March 2008. According to a recent 10K filing, at the end of 2006, [...]

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