10:47 AM EDT, 05/22/2025 (MT Newswires) -- Ralph Lauren ( RL ) said Thursday its board approved a $1.5 billion stock repurchase program, which is in addition to an existing plan to buyback $352 million of shares.

The company also raised its quarterly dividend to $0.9125 per share from $0.825, payable July 11 to shareholders of record as of June 27.

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