JCPenney's total department store sales climb 4.3% in Nov
02 Dec '05
3 min read
Capital Structure Repositioning Update
The company repurchased approximately 230,000 shares of common stock during the four weeks ended Nov. 26, 2005, completing the aggregate $4.15 billion common stock repurchases programs authorized by its board of directors. Fiscal 2005 common stock repurchases totaled about 44.2 million shares for approximately $2.2 billion dollars.
America's largest department store J. C. Penney Corporation Inc, the wholly owned operating subsidiary of J. C. Penney Company Inc is also a catalog and e-commerce retailers, employing approximately 150,000 associates.
As of July 30, 2005, J. C. Penney Corporation Inc operated 1,015 JCPenney department stores throughout the United States and Puerto Rico.
The company is one of the largest apparel and home furnishings sites on the Internet. J. C. Penney Corporation Inc is a contributor to JCPenney. After school Fund, a charitable organization committed to providing children with high quality after school programs to help them reach their full potential.
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