The Home Depot Buyback
OLI recorded this information on 8/18/2022
Company:
The Home Depot
Buyback:
HD buyback
$Amount Authorized:
$15,000,000
Buyback Details:
The Home Depot, the world's largest home improvement retailer, today announced that its board of directors declared a second quarter cash dividend of $1.90 per share. The dividend is payable on September 15, 2022, to shareholders of record on the close of business on September 1, 2022. This is the 142nd consecutive quarter the company has paid a cash dividend. The board of directors also authorized a new $15 billion share repurchase program, replacing its previous authorization.
The Home Depot is a home improvement retailer. Co. provides its customers an assortment of building materials, home improvement products, lawn and garden products, and decor products and provides a number of services, including home improvement installation services and tool and equipment rental. Co. also maintains a network of distribution and fulfillment centers, as well as a number of e-commerce websites. Co. provides a number of services for its customers, including installation services for its Do-It-Yourself and Do-It-For-Me customers. Co. also provides tool and equipment rentals at several locations across the U.S. and Canada.
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Avg. Broker Rec.
 
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Buy (3.36 out of 4) 50th percentile
(ranked higher than approx. 50% of all stocks covered)
Analysts' Target Price: HD Stock Forecast Based on Zacks ABR data; powered by Xignite |
