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BRIEF-Michaels Cos announces new share repurchase authorization

June 15 Michaels Companies Inc:

* The Michaels Companies Inc announces new share repurchase authorization ahead of analyst day event

* Board of directors has authorized a new share repurchase program for up to $500 million of its common stock

* Share repurchase program does not have an expiration date Source text for Eikon: Further company coverage:

我们的标准: 汤森路透“信任原则

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