Home Depot: new $15bn share buyback program

(CercleFinance.com) - Home Depot announced on Thursday that its board of directors has authorised a new 15 billion dollar share buyback program, replacing its previous authorisation.


It also announced a dividend of 1.90 dollar per share, which will be payable on 15 September to shareholders on record as of 1 September. This is the 142nd consecutive quarter that the group has paid a cash dividend.

For the record, on Tuesday the home improvement chain reported an 11.5% increase in Q2 EPS to 5.06 dollars, on revenue that is up 6.5% to 43.8 billion dollars.


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