Home Depot Sets New $15 Billion Stock Buyback
August 15 2023 - 5:52AM
Dow Jones News
By Colin Kellaher
Home Depot's board has authorized a new $15 billion share
repurchase program.
The Atlanta home-improvement giant, which sports a market
capitalization topping $330 billion, on Tuesday said the new
buyback replaces a $15 billion program approved last August that
had $9.5 billion remaining as of April 30.
Home Depot, which had more than one billion shares outstanding
as of May 16, spent nearly $5 billion on shares repurchases during
the six months ended July 30.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
August 15, 2023 06:37 ET (10:37 GMT)
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