TJX Companies — Feb 26, 2025 release

With continued strong cash flow, the Company announced today that it intends to increase the regular quarterly dividend on its common stock expected to be declared in March 2025 and payable in June 2025 to $.425 per share, subject to the approval of the Company’s Board of Directors. This would represent a 13% increase over the most recent per share dividend. The Company is also announcing today its plan to repurchase approximately $2.0 to $2.5 billion of TJX stock during the fiscal year ending January 31, 2026. With $1.1 billion 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 $2.5 billion 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 25 th program approved by the Board since 1997. Under the Company’s repurchase programs, share repurchases may be made from time to time in market or private transactions and may include derivative transactions. The repurchase program announced today has no time limit and may be suspended or discontinued at any time. The Company may adjust the amount purchased under this program up or down depending on various factors. The Company remains committed to returning cash to its shareholders while continuing to invest in the business to support the near- and long-te