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Foot Locker buys back $19 million 8½% debentures
New York, Dec. 15 - Foot Locker Inc. said it bought back a total of $19 million of its 8½% debentures due 2022.
The New York shoe retailer repurchased $2 million of the securities after its fiscal quarter ended on Nov. 1 and $17 million during the 39 weeks to Nov. 1, according to a filing with the Securities and Exchange Commission. It had not previously reported buying back any of the debentures this year.
Foot locker said it has now bought back $28 million of the debentures, the other $9 million being repurchased in the first three quarters of 2002.
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