DLTR · Dollar Tree, Inc.

On July 1, 2026, Dollar Tree, Inc. announced that its Board of Directors approved a $2.5 billion share repurchase authorization, replenishing the company's buyback program. This new authorization includes any amounts remaining under the prior $2.5 billion authorization approved in July 2025. The replenishment follows a recent $500 million block trade repurchase in June 2026, which involved selling stockholders including certain funds affiliated with Mantle Ridge LP. After that transaction, approximately $700 million remained under the existing authorization, which is now incorporated into the new $2.5 billion limit. The authorization has no expiration date, providing flexibility for future repurchases. CEO Michel C. Creedon, Jr. stated that the replenishment reinforces the company's commitment to disciplined capital allocation and reflects confidence in Dollar Tree's long-term growth, while maintaining financial strength and returning excess capital to shareholders.