June 22, 2017 / 3:53 PM / a month ago

BRIEF-Kroger Co approves $1 bln share repurchase program; raises quarterly dividend

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June 22 (Reuters) - Kroger Co

* Kroger board of directors approves $1 billion share repurchase program; raises quarterly dividend

* Sets quarterly dividend of $0.125 per share

* Company continues to expect an increasing dividend over time

* Board approved a dividend increase from 48¢ to 50¢ per year Source text for Eikon: Further company coverage:

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