The Finish Line  authorized a new five million share repurchase plan. The new plan will commence upon completion of the current plan which has approximately 600,000 shares remaining.

The company also announced  that its board of directors has declared a quarterly cash dividend of $0.10 per share of outstanding common stock. The quarterly cash dividend will be payable on September 12, 2016 to shareholders of record as of August 26, 2016.