Target Eyeing Shareholder-Friendly Measures Later in the Year -- Market Talk

Dow Jones

2025/05/21

1040 ET - Target CFO Jim Lee on an earnings call says the retailer will recommend to the board that it authorize a small increase in the quarterly dividend later this year. The company may also look to repurchase shares later in the year following a temporary moderation in tariffs. Target notes it didn't repurchase any shares in April given broad uncertainty regarding the magnitude and timing of potential tariffs. (denny.jacob@wsj.com; @pennedbyden)

(END) Dow Jones Newswires

May 21, 2025 10:40 ET (14:40 GMT)

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The company may also look to repurchase shares later in the year following a temporary moderation in tariffs. Target notes it didn't repurchase any shares in April given broad uncertainty regarding the magnitude and timing of potential tariffs. 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