1 unchanged sentence
Our common stock is listed on the New York Stock Exchange (Symbol:
−Removed: The approximate number of common shareholders of record at February 1, 2020 was 2,095.
+Added: The approximate number of common shareholders of record at January 30, 2021 was 2,045.
Information on Share Repurchases
3 unchanged sentences
Average Price Paid Per Share (b)
−Removed: Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (a)
+Added: Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (c)
Approximate Dollar Value of Shares that
May Yet be Purchased Under the Plans or
−Removed: Programs (c), (d)
November 1, 2020 through
November 28, 2020 — $ — — $ 2,985,692,971
−Removed: December 1, 2019 through
+Added: November 29, 2020 through
January 2, 2021 — $ — — $ 2,985,692,971
January 3, 2021 through
−Removed: February 1, 2020 1,778,274 $ 61.86 1,778,274 $ 3,175,794,378
−Removed: Total 5,862,766 5,862,766
+Added: January 30, 2021 — $ — — $ 2,985,692,971
(a) Consists of shares repurchased under publicly announced stock repurchase programs.
(b) Includes commissions for the shares repurchased under stock repurchase programs.
−Removed: (c) In February 2018 and 2019, TJX announced stock repurchase programs authorizing an additional $3.0 billion and $1.5 billion in repurchases, respectively, from time to time, under which approximately $1.7 billion remained available as of February 1, 2020.
−Removed: In February 2020, the Company announced that its Board of Directors had approved, in January 2020, a new stock repurchase program that authorizes the repurchase of up to an additional $1.5 billion of TJX common stock from time to time.
−Removed: (d) On March 19, 2020, in response to the COVID-19 pandemic, the Company announced that it had suspended its share repurchase program.
−Removed: Selected Financial Data
−Removed: Fiscal Year Ended
−Removed: dollars in millions, except per share amounts February 1,
−Removed: Income statement and per share data:
−Removed: $ 41,717 $ 38,973 $ 35,865 $ 33,184 $ 30,945
−Removed: $ 3,272 3,060 $ 2,608 $ 2,298 $ 2,278
−Removed: Weighted average common shares for diluted earnings per share calculation (in thousands)
−Removed: 1,226,519 1,259,252 1,292,209 1,328,864 1,366,502
−Removed: Diluted earnings per share
−Removed: $ 2.67 $ 2.43 $ 2.02 $ 1.73 $ 1.67
−Removed: Cash dividends declared per share
−Removed: $ 0.92 $ 0.78 $ 0.625 $ 0.52 $ 0.42
−Removed: Balance sheet data:
−Removed: Cash and cash equivalents
−Removed: $ 3,217 $ 3,030 $ 2,758 $ 2,930 $ 2,095
−Removed: Working capital (c)
−Removed: $ 1,740 $ 2,938 $ 3,360 $ 2,993 $ 2,370
−Removed: Total assets (c)
−Removed: $ 24,145 $ 14,326 $ 14,058 $ 12,884 $ 11,490
−Removed: Capital expenditures
−Removed: $ 1,223 $ 1,125 $ 1,058 $ 1,025 $ 889
−Removed: Long-term obligations (c), (d)
−Removed: $ 10,053 $ 2,234 $ 2,231 $ 2,228 $ 1,615
−Removed: Shareholders’ equity
−Removed: $ 5,948 $ 5,049 $ 5,148 $ 4,511 $ 4,307
−Removed: Other financial data:
−Removed: After-tax return on average shareholders’ equity
−Removed: 59.5 % 60.1 % 54.0 % 52.1 % 53.1 %
−Removed: Total debt as a percentage of total capitalization (e)
−Removed: 27.3 % 30.7 % 30.2 % 33.1 % 27.3 %
−Removed: Stores in operation
−Removed: 4,529 4,306 4,070 3,812 3,614
−Removed: Selling square footage (in thousands) 94,648 91,075 87,548 83,798 80,480
−Removed: (a) Fiscal 2019 and Fiscal 2017 include a pension settlement charge and Fiscal 2017 includes a loss on early extinguishment of debt.
−Removed: (b) Fiscal 2018 includes an impairment charge of $99.3 million and a net benefit from the enactment of the 2017 Tax Act.
−Removed: (c) On February 3, 2019, we adopted ASU 2016-02, Leases (Topic 842) using the modified retrospective method under ASU 2018-11, allowing us to not restate our prior period Consolidated Balance Sheets to reflect the new guidance.
−Removed: The adoption of the new lease standard significantly increased assets and current and long term liabilities on our Consolidated Balance Sheets as we recorded operating lease right of use assets and corresponding operating lease liabilities.
−Removed: For additional information, see Note L - Leases of Notes of Consolidated Financial Statements.
−Removed: (d) Defined as long-term debt, exclusive of current installments, and in fiscal 2020 inclusive of long term operating lease liability.
−Removed: (e) Defined as shareholders’ equity, short-term debt, and long-term debt including current maturities (and in fiscal 2020 exclusive of operating lease liabilities).
+Added: (c) As of January 30, 2021 TJX had approximately $3.0 billion available under previously announced stock repurchase programs.
+Added: In March 2020, as a result of the COVID-19 pandemic, TJX suspended its share repurchase program.
+Added: We did not repurchase additional shares for the fourth quarter of fiscal 2021.
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.