TJX says plans to repurchase $2B-$2.5B of stock during fiscal year

The company announced earlier its plan to repurchase approximately $2B-$2.5B of TJX (TJX) stock during the fiscal year ending January 31, 2026. With $1.1B remaining at Fiscal 2025 year end under the company’s existing stock repurchase program, the company’s Board of Directors approved a new stock repurchase program that authorizes the repurchase of up to an additional $2.5B of TJX common stock from time to time. The new authorization represents approximately 1.8% of the company’s outstanding shares at current prices. The new stock repurchase program marks the 25th program approved by the Board since 1997.