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Nordstrom Announces $1.5 Billion Share Repurchase Program

Nordstrom, Inc. (NYSE: JWN) announced a $1.5 billion share repurchase program. The company last repurchased shares in the second quarter of fiscal 2007, completing its $1 billion share repurchase program that was authorized in May of 2006. The shares from the new authorization are expected to be acquired through open market transactions over a period [...]

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