When was the new $3.0 billion repurchase program approved?

The Board of Directors approved the new program in February 2026. The authorization was announced alongside the company's fiscal 2026 year-end results. As of August 1, 2026, the company had repurchased approximately $300 million of the authorization.

How much did TJX repurchase in Q2 FY27?

In the second quarter ended August 1, 2026, TJX repurchased 5.1 million shares for $798 million, at an average price of approximately $156 per share. This completed the remaining $1.1 billion available under the prior authorization.

What is TJX's expected repurchase pace for Fiscal 2027?

TJX expects to repurchase approximately $2.75 to $3.0 billion of its common stock during the full fiscal year 2027. The company noted it may adjust this amount depending on various factors, reflecting flexibility in execution.

How does TJX balance share repurchases with other uses of cash?

TJX balances buybacks with dividend payments and reinvestment in growth. In the first half of FY27, the company returned $2.4 billion to shareholders ($1.4B in repurchases, $1.0B in dividends) while also investing $1.2 billion in property additions to support store expansion and operational improvements.

What execution method does TJX use for repurchases?

The filing does not explicitly specify the execution mechanism (Rule 10b-18, 10b5-1 plan, etc.). Historically, TJX conducts repurchases via open-market purchases, subject to customary trading volume and price limitations.

Why did TJX announce increased store-growth targets alongside the buyback program?

TJX's strong cash flow and profitability allow simultaneous capital returns and reinvestment. The company plans to accelerate store openings to 4% beginning in Fiscal 2028 and increase its long-term global store target to 7,500 locations, reflecting confidence in growth opportunities and shareholder value creation across both buybacks and expansion.

TJX 8-K Filed 2026-08-19 New authorization

TJX authorizes new $3.0B share repurchase program

Retail giant completes prior $1.1B authorization; new $3.0B program approved in February 2026

Authorization$3.0B

Remaining$2.7B

MechanismRule 10b-18 open-market purcha

What the filing says

The TJX Companies, Inc. announced in its second-quarter Fiscal 2027 earnings press release (filed August 19, 2026) that the Board of Directors approved a new stock repurchase program authorizing the repurchase of up to $3.0 billion of TJX common stock. The company completed the remaining $1.1 billion from its prior repurchase authorization during Q2 FY27.

In the second quarter ended August 1, 2026, TJX repurchased and retired 5.1 million shares for $798 million, with an average price of approximately $156 per share. For the first six months of Fiscal 2027, the company repurchased 8.9 million shares for $1.4 billion and paid $1.0 billion in dividends, returning a total of $2.4 billion to shareholders. As of August 1, 2026, approximately $2.7 billion remained available for repurchase under the new $3.0 billion authorization.

The company continues to expect repurchases of approximately $2.75 to $3.0 billion during the full fiscal year 2027, subject to adjustment based on various factors. TJX reaffirmed its commitment to returning cash to shareholders while investing in business growth, including plans to accelerate store openings to 4% beginning in Fiscal 2028 and expand its long-term global store target to 7,500 locations.

In February 2026, the Company announced that the Board of Directors had approved a new stock repurchase program that authorizes the repurchase of up to an additional $3.0 billion of TJX common stock from time to time. — TJX COMPANIES INC /DE/ 8-K filing · View on SEC EDGAR →

What this means

TJX's $3.0 billion repurchase authorization represents a continuation of the company's capital-return strategy. The new program authorizes buybacks at a slightly elevated level compared to the prior authorization, reflecting TJX's strong cash generation and confidence in future earnings growth. With approximately $2.7 billion remaining under the new authorization as of early August 2026, and projected full-year repurchases of $2.75 to $3.0 billion, the program is expected to execute substantially over the course of Fiscal 2027. The repurchase activity, combined with dividends, returned $2.4 billion to shareholders in the first half of FY27 alone—underscoring TJX's emphasis on capital efficiency alongside organic reinvestment in store expansion.

Frequently asked questions

When was the new $3.0 billion repurchase program approved?: The Board of Directors approved the new program in February 2026. The authorization was announced alongside the company's fiscal 2026 year-end results. As of August 1, 2026, the company had repurchased approximately $300 million of the authorization.
How much did TJX repurchase in Q2 FY27?: In the second quarter ended August 1, 2026, TJX repurchased 5.1 million shares for $798 million, at an average price of approximately $156 per share. This completed the remaining $1.1 billion available under the prior authorization.
What is TJX's expected repurchase pace for Fiscal 2027?: TJX expects to repurchase approximately $2.75 to $3.0 billion of its common stock during the full fiscal year 2027. The company noted it may adjust this amount depending on various factors, reflecting flexibility in execution.
How does TJX balance share repurchases with other uses of cash?: TJX balances buybacks with dividend payments and reinvestment in growth. In the first half of FY27, the company returned $2.4 billion to shareholders ($1.4B in repurchases, $1.0B in dividends) while also investing $1.2 billion in property additions to support store expansion and operational improvements.
What execution method does TJX use for repurchases?: The filing does not explicitly specify the execution mechanism (Rule 10b-18, 10b5-1 plan, etc.). Historically, TJX conducts repurchases via open-market purchases, subject to customary trading volume and price limitations.
Why did TJX announce increased store-growth targets alongside the buyback program?: TJX's strong cash flow and profitability allow simultaneous capital returns and reinvestment. The company plans to accelerate store openings to 4% beginning in Fiscal 2028 and increase its long-term global store target to 7,500 locations, reflecting confidence in growth opportunities and shareholder value creation across both buybacks and expansion.

authorization mega-cap retail buyback-program capital-allocation fy2027

Source. This editorial summary is based on the SEC filing linked above. BuybackStocks aggregates and editorializes publicly available SEC EDGAR filings. Not investment advice. Past authorization announcements do not guarantee future repurchase activity or share price performance. See our full disclosures policy.