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 (2019 Program).
−Removed: On August 11, 2021, our Board of Directors authorized a new, $15 billion share repurchase program with no stated expiration (2021 Program).
−Removed: We began repurchasing shares under the 2021 Program during the third quarter of 2021 upon completion of the 2019 Program.
−Removed: Under the 2019 Program, we repurchased 24.5 million shares of common stock at an average price of $203.82 , for a total investment of $5.0 billion .
−Removed: Under the 2021 Program, we repurchased 1.6 million shares of common stock at an average price of $235.22 , for a total investment of $368 million.
−Removed: The table below presents information with respect to Target common stock purchases made during the three month s ended October 30, 2021, by Target or any "affiliated purchaser" of Target, as defined in Rule 10b-18(a)(3) under the Exchange Act.
+Added: On August 11, 2021, our Board of Directors authorized a $15 billion share repurchase program with no stated expiration.
+Added: Under the program, we have repurchased 11.3 million shares of common stock at an average price of $236.64, for a total investment of $2.7 billion, excluding the March 2022 ASR because the transaction was not fully settled as of April 30, 2022.
+Added: The table below presents information with respect to Target common stock purchases made during the three months ended April 30, 2022, 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: August 1, 2021 through August 28, 2021
+Added: January 30, 2022 through February 26, 2022
Open market and privately negotiated purchases — $ — — $ 12,326,055,745
−Removed: August 29, 2021 through October 2, 2021
+Added: February 27, 2022 through April 2, 2022
Open market and privately negotiated purchases 47,934 208.60 47,934 12,316,056,660
−Removed: October 3, 2021 through October 30, 2021
+Added: March 2022 ASR (a)
+Added: 8,886,661 TBD 8,886,661 12,316,056,660
+Added: April 3, 2022 through April 30, 2022
Open market and privately negotiated purchases — — — 12,316,056,660
−Removed: Total 8,849,789 $ 246.80 8,849,789 $ 14,631,757,193
+Added: Total 8,934,595 TBD 8,934,595 $ 12,316,056,660
+Added: (a) Refer to Note 8 of the Consolidated Financial Statements for further details about the ASR arrangement.
Defaults Upon Senior Securities
3 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.