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14
PART II
Item 5. Market for the Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of
Equity Securities
Our common stock is listed on the New York Stock Exchange under the symbol "TGT." We are authorized to issue up
to 6,000,000,000 shares of common stock, par value $0.0833, and up to 5,000,000 shares of preferred stock, par
value $0.01. At March 10, 2014, there were 15,875 shareholders of record. Dividends declared per share and the high
and low closing common stock price for each fiscal quarter during 2013 and 2012 are disclosed in Note 29 of the Notes
to Consolidated Financial Statements included in Item 8, Financial Statements and Supplementary Data.
In January 2012, our Board of Directors authorized the repurchase of $5 billion of our common stock, with no stated
expiration for the share repurchase program. We have repurchased 49.1 million shares of our common stock under
this program for a total cash investment of $3.1 billion ($62.99 average price per share).
The table below presents Target common stock purchases made during the three months ended February 1, 2014 by
Target, as defined in Rule 10b-18(a)(3) under the Exchange Act.
Period
Total Number
of Shares
Purchased (a)(b)
Average
Price Paid
per Share (a)(b)
Total Number of
Shares Purchased
as Part of the
Current Program (a)
Dollar Value of
Shares that May
Yet Be Purchased
Under the Program
November 3, 2013 through
November 30, 2013 2,406 $ — 49,148,329 $ 1,904,324,394
December 1, 2013 through January
4, 2014 18,310 — 49,148,329 1,904,324,394
January 5, 2014 through
February 1, 2014 147,537 — 49,148,329 1,904,324,394
168,253 $ — 49,148,329 $ 1,904,324,394
(a) The table above includes shares reacquired upon settlement of prepaid forward contracts. At February 1, 2014, we held asset positions
in prepaid forward contracts for 1 million shares of our common stock, for a total cash investment of $63 million, or an average per share
price of $48.83. No shares were reacquired under such contracts during the fourth quarter. Refer to Notes 23 and 25 of the Notes to
Consolidated Financial Statements included in Item 8, Financial Statements and Supplementary Data for further details of these
contracts.
(b) The number of shares above includes shares of common stock reacquired from team members who tendered owned shares to satisfy
the tax withholding on equity awards as part of our long-term incentive plans or to satisfy the exercise price on stock option exercises.
For the three months ended February 1, 2014,168,253 shares were reacquired at an weighted average per share price of $61.91
pursuant to our long-term incentive plan.