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johnsyn

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johnsyn

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Tuesday, 06/19/2012 8:34:40 AM

Tuesday, June 19, 2012 8:34:40 AM

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8:29 AM Eli Lilly (LLY +0.6%) declares a Q3 dividend of $0.49 a share and says it will repurchase $420M in stock by the end of 2012 as part of the resumption of a $3B stock buyback program. It's been a long buyback - it started in 2000. The company hopes to begin a new program after it completes the current one.
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