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TJX Companies Inc announces new $2.0 bln stock repurchase program; plans 21 pct increase in dividend

Wednesday, 26 Feb 2014 08:40am EST 

TJX Companies Inc:Approved a new stock repurchase program that authorizes the repurchase of up to an additional $2.0 billion of TJX common stock from time to time.New authorization represents about 5 pct of the company's outstanding shares at current prices.Intends to increase the regular quarterly dividend on its common stock to be declared in April 2014.Payable in June 2014 to $.175 per share, subject to the approval of the company's Board of Directors. 

Company Quote

-1.0 -1.49%
19 Dec 2014