DOLLAR TREE, INC. 10-K

Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities Our common stock is traded on The Nasdaq Global Select Market ® under the symbol “DLTR.” As of March 24, 2025, we had 1,909 shareholders of record. Issuer Purchases of Equity Securities We periodically repurchase shares of our common stock under share repurchase programs authorized by our Board of Directors. Under the existing Board repurchase authorization, we may repurchase up to $2.5 billion of our common stock in open market or privately negotiated transactions with financial institutions. The repurchase authorization does not have an expiration date. We repurchased 3,283,837, 3,905,599 and 4,613,696 shares of common stock on the open market at a cost of $403.6 million, $504.3 million and $647.5 million, including applicable excise tax, in fiscal 2024, fiscal 2023 and fiscal 2022, respectively. The fiscal 2024 share repurchases occurred prior to the fourth quarter. As of February 1, 2025, we had $952.4 million remaining under our existing $2.5 billion Board repurchase authorization. Stockholder Matters We anticipate that substantially all of our cash flow from operations in the foreseeable future will be retained for the development and expansion of our business, the repayment of indebtedness and, as authorized by our Board of Directors, the repurchase of stock. We do not anticipate paying cash dividends on our common stock in fiscal 2025. 25 Table of Contents Stock Performance Graph The following graph sets forth the yearly percentage change in the cumulative total shareholder return on our common stock during the five fiscal years ended February 1, 2025, compared with the cumulative total returns of the S&P 500 Index and the S&P 500 Consumer Discretionary Distribution & Retail Index. The comparison assumes that $100 was invested in our common stock and in each of the foregoing indices at the market close on the last trading day of the fiscal year ended February 1, 2020, and that dividends were reinvested. The stock price performance shown in the graph is not necessarily indicative of future price performance. Year Ended February 1, 2020 January 30, 2021 January 29, 2022 January 28, 2023 February 3, 2024 February 1, 2025 Dollar Tree, Inc. $100.00 $116.76 $147.57 $172.70 $159.31 $84.24 S&P 500 Index 100.00 117.25 144.56 132.68 160.30 202.59 S&P 500 Consumer Discretionary Distribution & Retail Index 100.00 141.39 153.61 125.62 162.21 227.91 Item 6. Reserved 26 Table of Contents