Dollar Tree approved a $2.5 billion share repurchase authorization to replenish its buyback capacity.
Key Highlights:
- Board approved a $2.5 billion aggregate share repurchase authorization with no expiration date.
- Authorization permits open-market, negotiated transactions, Rule 10b5-1 plans and block trades.
- June block trade repurchase of $500 million left about $700 million remaining under prior program.
- Reauthorization includes any amounts remaining under the pre-existing program and reinforces capital-return focus.
Original SEC Filing:
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