Lowe's Companies, Inc. Buyback
OLI recorded this information on 1/26/2018
Company: |
Lowe's Companies, Inc. |
Buyback: |
LOW buyback |
$Amount Authorized: |
$7,100,000,000 |
Buyback Details: |
Reflecting its commitment to return excess cash to shareholders, the Board of Directors for Lowe's Companies, Inc. (NYSE: LOW) today authorized a new $5 billion repurchase program for the company's common stock. This new repurchase program has no expiration date and is additive to the previous program's remaining balance, which was $2.1 billion as of Nov. 3, 2017, the end of the company's third fiscal quarter. Repurchases will be subject to market conditions and will be made from time to time either in the open market or through private off-market transactions in accordance with the requirements of the Securities and Exchange Commission. The company's repurchase program may be suspended, discontinued or resumed at any time. |
Lowe's is a home improvement retailer. Co. provides home improvement products in the following categories: appliances, seasonal and outdoor living, lawn and garden, lumber, kitchens and bath, tools, paint, millwork, hardware, flooring, rough plumbing, building materials, decor, lighting, and electrical. Co. provides installation services in various of its product categories, with flooring, kitchens and bath, millwork, appliances, and lumber. Co. also provides extended protection plans for various products within the appliances, kitchens and bath, decor, millwork, rough plumbing and electrical, seasonal and outdoor living, tools, and hardware categories.
Lowes Companies SEC Filing Email Alerts Service
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Company Name: |
Lowe's Companies Inc |
Stock buyback: |
LOW buyback |
Website: |
www.lowes.com |
Sector: |
Home Improvement Stores |
Number of ETFs Holding LOW: |
120 |
Total Market Value Held by ETFs: |
$16.44B |
Total Market Capitalization: |
$133.64B |
% of Market Cap. Held by ETFs: |
12.30% |
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