Dollar Tree Board authorizes $2.5B share repurchase program

DOLLAR TREE, INC.

Board approved new $2.5B share repurchase authorization, replacing prior program with $0.45B remaining.
Authorization has no expiration date; purchases may be made in open market or private transactions.
CEO Michael Creedon cites confidence in generating strong, sustainable long-term cash flow.
Company reiterates capital allocation priority of investing in Dollar Tree platform then returning excess cash.

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