Progressive's (PGR) board renewed the authorization to repurchase up to 25 million common shares.
The company maintained its quarterly dividend at $0.10 a share, payable July 11 to holders of record July 3.
The dividend and the buyback were approved Friday, the company said Tuesday in a regulatory filing.
Price: 283.86, Change: +3.61, Percent Change: +1.29
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