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Target says it did not release information on buyback, dividend


    (Reuters) - Target Corp did not release any information pertaining to its dividend and share buyback plans, company spokeswoman Molly Snyder said.

    A release posted briefly on TARGET (TGT.NY)s website earlier on Tuesday said the company planned to raise its share buyback program by $5 billion to $10 billion and boost its quarterly dividend by 7.7 percent to 56 cents per share.

    Snyder did not comment on the veracity of the information.

    (Reporting by Nathan Layne; Editing by Richard Chang)