The Traderszone Network

Published in TZ Latest News 9 June, 2015 by The TZ Newswire Staff

Target pulls announcement on share buyback, dividend from website

Target pulled the statement after it was reported by news media. The statement had said the quarterly dividend, raised from 52 cents per share, was supposed to be payable on Sept. 10. Target, the fourth-largest U.S. retailer, said last month it repurchased $562 million worth of its shares in its fiscal fourth quarter ended May 2.