Dick's Sporting Goods 2015 Annual Report Download - page 67

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17. Subsequent Events
On February€18, 2016, our Board of Directors declared a quarterly cash dividend in the amount of $0.15125 per share of
common stock and Class€B common stock payable on March€31, 2016 to stockholders of record as of the close of business on
March€11, 2016.
On March€16, 2016, our Board of Directors authorized a five-year share repurchase program of up to $1 billion of the
Company's common stock. The Company currently expects to finance the repurchases from cash on hand and if necessary,
availability under its Credit Agreement.
DICK'S SPORTING GOODS,€INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (Continued)
61