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BRIEF-Synchrony Financial announces plans to increase quarterly dividend to $0.15/shr

May 18 Synchrony Financial

* Synchrony Financial announces plans to increase quarterly common stock dividend to $0.15 per share and approval of a $1.64 billion share repurchase program

* Board of directors intends to increase quarterly cash dividend to $0.15 per share of common stock

* Has approved a share repurchase program of up to $1.64 billion through June 30, 2018

* Intends to increase quarterly cash dividend commencing Q3 of 2017 Source text for Eikon: Further company coverage:

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