Dollar Tree rises after announcing $2.5 billion share repurchase plan
02/07/2026 13:11
BUZZ-Dollar Tree rises after announcing $2.5 billion share repurchase plan ** Shares of Dollar Tree DLTR.O ticked up 1.3% to $122.70 premarket
** The discount retailer replenishes its share repurchase authorization to about $2.5 billion, including any amounts remaining under pre-existing program
** Says it repurchased $500 million of its common stock in June as part of a block trade involving selling stockholders, and that DLTR had about $700 million remaining under its then $2.5 billion authorization after that transaction
** Up to Wednesday's close, stock has fallen 1.5% YTD
(Reporting by Neil J Kanatt in Bengaluru)
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