Dollar Tree restarts share buyback program

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Dollar Tree Inc. said late Wednesday it is resuming its share buyback program, which had been halted in March in response to pandemic-related restrictions and uncertainties. The company said in a filing it had $800 million remaining under its board’s repurchase authorization. Shares will be purchased “from time to time at prevailing market prices, through open market or privately negotiated transactions, depending upon market conditions,” the company said. Shares of Dollar Tree rose 0.6% in the extended session after ending the regular trading day down 0.1%.
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