Unregistered Sales of Equity Securities and Use of Proceeds
−Removed: On September 19, 2019, our Board of Directors authorized a $5 billion share repurchase program with no stated expiration.
+Added: On September 19, 2019, our Board of Directors authorized a $5 billion share repurchase program with no stated expiration (2019 Program).
We began r epurchasing shares under the authorization during the first quarter of 2020.
+Added: On August 11, 2021, our Board of Directors authorized a new, $15 billion share repurchase program with no stated expiration (2021 Program).
+Added: We expect to begin repurchasing shares under the 2021 Program upon completion of the 2019 Program.
Under the 2019 Program, we have repurchased 17.2 million shares of common stock at an average price of $184.62 , for a total investment of $3.2 billion .
−Removed: The table below presents information with respect to Target common stock purchases made during the three month s ended May 1, 2021, by Target or any "affiliated purchaser" of Target, as defined in Rule 10b-18(a)(3) under the Exchange Act.
+Added: The table below presents information with respect to Target common stock purchases made during the three month s ended July 31, 2021, by Target or any "affiliated purchaser" of Target, as defined in Rule 10b-18(a)(3) under the Exchange Act.
Share Repurchase Activity Total Number
6 unchanged sentences
Under Publicly Announced Programs
−Removed: January 31, 2021 through February 27, 2021
+Added: May 2, 2021 through May 29, 2021
Open market and privately negotiated purchases 1,548,804 $ 211.66 1,548,804 $ 3,023,026,963
−Removed: February 28, 2021 through April 3, 2021
+Added: May 30, 2021 through July 3, 2021
Open market and privately negotiated purchases 2,934,662 233.31 2,934,662 2,338,345,656
−Removed: April 4, 2021 through May 1, 2021
+Added: July 4, 2021 through July 31, 2021
Open market and privately negotiated purchases 2,081,640 250.98 2,081,640 1,815,885,962
5 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.