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Target Corporation Increases Dividend and Share Repurchase Authorization

Target Corporation (NYSE:TGT) increased the quarterly dividend by 16.7% to 14 cents per common share. In addition, the company increased its current $5 billion share repurchase authorization by $3 billion, for a total authorization of $8 billion. Program-to-date, the company has repurchased approximately $4 billion of its common stock, resulting in about $4 billion of [...]

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