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Hillenbrand (NYSE:HI) has announced a new share repurchase program to buyback up to $300M. The program commenced on December 2, 2021 and replaces the previous plan, under which the company had $50M of remaining authorization after completing $150M in share repurchases through November 15, 2021. Last week, the industrial firm declared a $0.2175 quarterly dividend HI +0.59% AH