November 4, 2015 / 9:31 PM / 4 years ago

Whole Foods to buy back $1 billion in shares, raises dividend

(Reuters) - Upscale grocer Whole Foods Market Inc WFM.O said it would buy back an additional $1 billion in shares and increased its quarterly dividend.

Whole Foods raised its dividend by 4 percent, its fifth consecutive increase since reinstating the dividend in 2011.

Reporting by Subrat Patnaik in Bengaluru; Editing by Anil D'Silva

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