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      tjx

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      TJX Companies Announces Dividend Increase and Share Buyback Plan

      The TJX Companies, Inc. has declared a 13% increase in its quarterly dividend, raising it to $0.48 per share. This dividend will be payable on June 4, 2026, to shareholders who are on record as of May 14, 2026. This announcement marks the 29th increase in dividends over the past 30 years, reflecting the company's consistent commitment to returning value to its shareholders.

      In addition to the dividend hike, TJX has revealed plans for a substantial share repurchase program, with an allocation of $2.50 to $2.75 billion for Fiscal 2027. This move is part of the company's strategy to enhance shareholder returns and demonstrates management's focus on long-term capital allocation.

      The combination of the increased dividend and the share buyback plan is expected to strengthen investor confidence in TJX, as the company continues to prioritize shareholder value amidst its ongoing growth initiatives.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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