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From Bloomberg News
El Segundo-based Mattel Inc. said it planned to buy back an additional $250 million of its common stock.
Mattel had 419.2 million shares outstanding as of Dec. 31. It has spent $499.6 million on 27.4 million shares as part of a previous repurchase program.
Mattel rose 1 cent to $20.35 on the NYSE.
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