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  1. Right-click the selection rectangle of the shape or text box you want to change.

  2. On the shortcut menu, click Format <object type>, and then click the Text Box tab.

  3. Under Text Box Margins, adjust the measurements to increase or decrease the distance between the text and the outer border of the text box or a shape.

Note: You cannot make rounded margins. To place text in a rounded shape, use AutoShapes.

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