GO
Loading...

Enter multiple symbols separated by commas

TJX Authorizes Stock Buyback of Up to $1 Billion in Stock

TJX, which owns clothing discounters T.J. Maxx and Marshalls, said on Friday that it authorized a new program to repurchase up to $1 billion of its common stock.

The retail company said that at current prices, the new program would represent about 7.5% of its outstanding common shares.

Contact U.S. News

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    To learn more about how we use your information,
    please read our Privacy Policy.

Don't Miss

U.S. Video

  • Fitbit's healthy bounce

    RBC has initiated Fitbit with an "outperform" rating, and the stock popped.

  • Don't sweat Greece?

    Stephanie Flaunders, JPMorgan chief market strategist, shares her forecast for the worst case scenario in the markets regarding Greece's debt crisis.

  • Greece & Puerto Rico: Buy stocks?

    The "Fast Money" traders dive into the market action as Greece and Puerto Rico struggle with debt issues.