Home Depot Boosts Buyback to $10B


Atlanta, GA, May 26–Home Depot said it has expanded its share-repurchase program by $1 billion to a total of $10 billion.

In the last four years, Home Depot has returned more than 55 percent of net earnings to shareholders through dividend payments or stock buybacks, the company said.

It repurchased $8.1 billion of its outstanding shares during that period, Home Depot added.

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