Limited Brands (LTD), owner of retail chains including Victoria’s Secret and Bath & Body Works, will pay out a special dividend of $3 a share.

The company also plans to buy back $200 million of its shares, Limited Brands said in a statement.

“We have been and remain committed to returning excess cash to shareholders through a combination of ongoing regular dividends, share repurchases and…

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Limited Brands to Pay Special Dividend of $3 a Share originally appeared on DailyFinance on Thu, 18 Nov 2010 07:33:00.

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