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KeyCorp to Repurchase Shares
CLEVELAND -- Directors of KeyCorp recently authorized the repurchase from time to time of up to 25 million additional shares of KeyCorp common stock. With the seven million shares remaining from a previous board authorization, this brings the total repurchase authority to 32 million shares.The shares will be acquired either in the open market or in privately negotiated transactions. Also recently, directors approved a regular quarterly cash dividend of 31 cents per common share payable Sept. 15 to shareholders of record on Aug. 31. KeyCorp is one of the nation's largest bank-based financial services companies, with assets of approximately $86 billion. Visit KeyCorp: www.key.com "