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Dollar Tree Shareholders Offload 12.8 Million Shares in Block Trade

A group of Dollar Tree shareholders, including funds tied to investment firm Mantle Ridge, is offloading 12.8 million shares of the Chesapeake-based retailer. JPMorgan and Goldman Sachs are serving as the underwriters for this block trade, a move that leaves the company’s own balance sheet untouched by the immediate transaction.

By Money Talk·June 25, 2026·2 min read·1,181 reads

Dollar Tree Shareholders Offload 12.8 Million Shares in Block Trade

While Dollar Tree will not receive direct proceeds from the sale, the company is using the event to execute a strategic buyback. Once the block trade concludes, the retailer plans to repurchase $500 million of its own common stock directly from Goldman Sachs. The price of this buyback will mirror the per-share cost paid by the broker-dealers during the initial block trade.

Funding for this repurchase will be drawn from cash on hand, effectively utilizing a portion of the $2.5 billion share-repurchase authorization the company previously disclosed last year.

Dollar Tree Shareholders Offload 12.8 Million Shares in Block Trade

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