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Fidelity to buy back up to 15M shares

JACKSONVILLE, Fla. (AP) -- Fidelity National Financial Inc. has authorized the repurchase up to 15 million shares of its stock.

The company, based in Jacksonville, Fla., provides title insurance, mortgage and other services. It has an estimated $220.5 million shares outstanding.

Fidelity's three-year stock repurchase program, announced Monday, is effective Aug. 1.

Its stock price was nearly unchanged by midday at $18.48.