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TJX raises dividend by 25%, to buy back up to $3B in shares

TJX Cos., the owner of Marshalls, T.J.Maxx and HomeGoods, is raising its dividend to shareholders by 25 percent, it announced Wednesday.
The company, which has headquarters in Framingham and Marlborough, will also buy back $2.5 billion to $3 billion in shares in fiscal 2019.
"TJX continues to generate tremendous amounts of cash and excellent financial returns," President and CEO Ernie Herrman said in a statement. ...

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