Tranche Update on The TJX Companies, Inc.'s Equity Buyback Plan announced on February 27, 2019.
August 17, 2021
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From May 2, 2021 to July 31, 2021, the company has repurchased 4,552,932 shares, representing 0.38% for $300 million. With this, the company has completed the repurchase of 4,821,648 shares, representing 0.4% for $315.33 million under the buyback announced on February 27, 2019.
The TJX Companies, Inc. is No. 1 in America of discount retail distribution of clothing and household items. Net sales break down by family of products as follows:
- apparel and accessories (46%);
- home goods (39%): home furnishings, lamps, rugs decorative accessories, etc.;
- jewelery and accessories (15%).
At 30/01/2021, the group had a network of 4,572 stores located in the United States (3,305, of which 1,271 T.J. Maxx, 1,131 Marshalls, 821 HomeGoods, 48 Sierra and 34 Homesense), Canada (525, of which 280 Winners, 143 HomeSense and 102 Marshalls), Europe and Australia (742, of which 602 T.K. Maxx, 78 HomeSense and 62 Trade Secret).
Net sales are distributed geographically as follows: the United States (79.2%), Europe and Australia (12%) and Canada (8.8%).