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  "documentTitle": "Disney | Results Presentation Deck | 28 slides",
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      "text": "We intend to continue investing in our growth businesses, while also maintaining a balanced and disciplined approach to capital allocation",
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      "text": "We are still on track to generate about $8 billion in free cash flow(1) this fiscal year",
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      "text": "On a total company basis, we are still on pace to meet or exceed our $7.5 billion annualized cost target by the end of fiscal 2024",
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      "text": "The Board has authorized the company to begin repurchasing shares again for the first time since fiscal 2018, and we plan to start by targeting $3 billion this fiscal year",
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      "text": "Reinstated the dividend by paying $0.30 per share in January 2024. The Board has declared a $0.45 per share dividend - 50% higher than the January payment - payable in July 2024",
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      "text": "(1) Free cash flow is not a financial measure defined by GAAP. Please see page 25 for a definition of free cash flow and why Disney is not providing a forward-looking quantitative reconciliation to the most comparable GAAP measure.",
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      "text": "Increasing our July Dividend Payment by 50% and Targeting $3 Billion of Share Repurchases in Fiscal 2024",
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