Target Announces Massive Waste of Capital - A $5B Share Buyback

2019-9-20 01:38

On Thursday, Target Corporation announced that its board of directors had authorized a new $5 billion share buyback program. Target would begin repurchasing shares under this new authorization after its current $5 billion buyback program concludes next year.

This comes on the heels of Wednesday's announcement that Microsoft would be repurchasing up to $40 billion […]

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