Market Overview

The TJX Companies, Inc. Announces Board of Directors Approves 2-for-1 Stock Split and Declares Quarterly Common Stock Dividend


The TJX Companies, Inc. (NYSE:TJX), the leading off-price apparel and
home fashions retailer in the U.S. and worldwide, today announced that
its Board of Directors has approved a 2-for-1 stock split of the
Company's common stock by means of a stock dividend. Implementation of
the stock split is subject to approval by TJX shareholders of an
increase in the number of authorized shares of the Company's common
stock from 1.2 billion shares to 1.8 billion shares, and related Board
approval. The increase will be voted on at a special shareholders
meeting that is anticipated to be held on October 22, 2018, at which
shareholders of record on September 27, 2018 would be entitled to vote.
If approved, one additional share of the Company's common stock would be
distributed on November 6, 2018 for each share held by shareholders of
record on October 30, 2018.

The Company also announced the declaration of a quarterly dividend on
its common stock of $.39 per share, on a pre-stock split basis, payable
December 6, 2018, to shareholders of record on November 15, 2018. If the
stock split is effected before the quarterly dividend payment, the
quarterly dividend will be adjusted accordingly to $.195 per share.

Ernie Herrman, Chief Executive Officer and President of The TJX
Companies, Inc., stated, "We are pleased to announce this 2-for-1 stock
split in addition to our regular quarterly cash dividend. TJX has a long
and successful track record, and this stock split underscores our great
confidence in the continued success of our Company."

About The TJX Companies, Inc.

The TJX Companies, Inc. is the leading off-price retailer of apparel and
home fashions in the U.S. and worldwide. As of August 4, 2018, the end
of the Company's second quarter, the Company operated a total of 4,194
stores in nine countries, the United States, Canada, the United Kingdom,
Ireland, Germany, Poland, Austria, the Netherlands, and Australia, and
three e-commerce sites. These include 1,236 T.J. Maxx, 1,077 Marshalls,
716 HomeGoods, 33 Sierra Trading Post, and 8 Homesense stores, as well
in the United States; 270 Winners, 120 HomeSense, and 79 Marshalls
stores in Canada; 552 T.K. Maxx and 61 Homesense stores, as well as,
in Europe; and 42 T.K. Maxx stores in Australia. TJX's press releases
and financial information are available at

Important Information at Website

The Company routinely posts information that may be important to
investors in the Investor Information section at
The Company encourages investors to consult that section of its website

Forward-looking Statement

OF 1995: Various statements made in this release are forward-looking and
involve a number of risks and uncertainties. All statements that address
activities, events or developments that we intend, expect or believe may
occur in the future are forward-looking statements, including statements
about the stock split, charter amendment, and special meeting of
shareholders. The following are some of the factors that could cause
actual results to differ materially from the forward-looking statements:
execution of buying strategy and inventory management; operational and
business expansion and management of large size and scale; customer
trends and preferences; various marketing efforts; competition;
personnel recruitment, training and retention; labor costs and workforce
challenges; data security; information systems and implementation of new
technologies; economic conditions and consumer spending; adverse or
unseasonable weather; serious disruptions or catastrophic events;
corporate and retail banner reputation; quality, safety and other issues
with our merchandise; compliance with laws, regulations and orders and
changes in laws, regulations and applicable accounting standards;
expanding international operations; merchandise sourcing and transport;
commodity availability and pricing; fluctuations in currency exchange
rates; fluctuations in quarterly operating results and market
expectations; mergers, acquisitions, or business investments and
divestitures, closings or business consolidations; outcomes of
litigation, legal proceedings and other legal or regulatory matters; tax
matters; disproportionate impact of disruptions in the second half of
the fiscal year; real estate activities; inventory or asset loss; cash
flow and other factors that may be described in our filings with the
Securities and Exchange Commission. We do not undertake to publicly
update or revise our forward-looking statements even if experience or
future changes make it clear that any projected results expressed or
implied in such statements will not be realized.


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