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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Target Corp | NYSE:TGT | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 158.04 | 28 | 10:53:17 |
From May 2019 to May 2024
By Austen Hufford
Target Corp. said Wednesday that its board authorized a $5 billion share repurchase program.
The share repurchases will begin when its current $10 billion program expires, expected before the end of the year, and should allow Target to repurchase shares through 2017.
Under its current $10 billion program announced in 2012, the company has purchased $8.8 billion worth of shares.
Shares rose 1.3% to $69.50 in premarket trading.
The retailer recently said sales at established stores fell for the first time in more than two years and warned of further declines, as fewer shoppers visited the company's locations.
Write to Austen Hufford at austen.hufford@wsj.com
(END) Dow Jones Newswires
September 21, 2016 08:59 ET (12:59 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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