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

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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Target Announces Massive Waste of Capital – A $5B Share Buyback written by Lawrence Meyers @ https://www.ccn.com/target-announces-massive-waste-of-capital-a-5b-share-buyback/ September 20, 2019 Lawrence Meyers

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