Target says it did not release information on buyback, dividend
By Reuters
Jun 09, 2015 06:23 PM EDT
Regions
A sign for a Target store is seen in the Chicago suburb of Evanston, Illinois, in this file photo taken February 10, 2015. (Photo : Reuters)
Target Corp (TGT.N) did not release any information pertaining to its dividend and share buyback plans, company spokeswoman Molly Snyder said.
A release posted briefly on Target's website earlier on Tuesday said the company planned to raise its share buyback program by $5 billion to $10 billion and boost its quarterly dividend by 7.7 percent to 56 cents per share.
Snyder did not comment on the veracity of the information.
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