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Zions Bancorp. approves stock buyback plan, ups dividend

Salt Lake City-based Zions Bancorp. increased its regular quarterly dividendto 8 cents per common share.

The dividend is payable Aug. 25 to shareholders of recordAug. 18. The company had paid out a regular quarterly dividend of 6 centsper common share previously.

Zions' board also authorized a stock buyback programincluding $45 million of common stock in the third quarter.