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Target CEO pleased with Q2 financial results
18 Aug '11
3 min read
The company's effective income tax rate was 36.5 percent in second quarter 2011, down from 37.2 percent in 2010.
Share Repurchase
In the second quarter 2011, the company repurchased approximately 14.3 million shares of its common stock at an average price of $48.11, for a total investment of $688 million. Year-to-date, the company has repurchased approximately 29.7 million shares of its common stock at an average price of $50.81, for a total investment of $1.5 billion.
Share Repurchase
In the second quarter 2011, the company repurchased approximately 14.3 million shares of its common stock at an average price of $48.11, for a total investment of $688 million. Year-to-date, the company has repurchased approximately 29.7 million shares of its common stock at an average price of $50.81, for a total investment of $1.5 billion.
Target Corporation
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