Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Lowe's Announces Additional Share Repurchase Authorization
Feb 3, 2006
 Printable format
 Email this Article
 Search

The board of directors of appliance retailer Lowe's Companies, Inc. approved an increase in its current share repurchase program of up to U.S. $1 billion, effective immediately.

As of Feb 1, 2006, $226 million remained under the previous share repurchase authorization, providing total capacity of up to $1.23 billion of repurchases through fiscal 2007.

The company said the program is intended to be implemented through purchases made from time to time in either the open market or through private transactions, in accordance with Securities and Exchange Commission requirements.

"Lowe's has returned over $2 billion to our shareholders over the past 2 years through our ongoing share repurchase program and regular dividend payments," commented Robert A. Niblock, Lowe's chairman, president and CEO. "These programs, coupled with our continued investment in both new and existing stores, have led to a solid return for our shareholders."

Back to Daily News

 

Daily News

...........................................................

Oct 23, 2014: Whirlpool Corporation to Showcase Resource-Efficient Technologies at Greenbuild

Oct 23, 2014: CWIEME Chicago exhibition had record attendees

Oct 22, 2014: Middleby to add U-Line to residential appliance business

Oct 22, 2014: iRobot's 3Q exceeds expectations, driven by Home Robots growth

Oct 22, 2014: Whirlpool Canada named 2014 Energy Star Manufacturer of the Year

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014
April 2014: Appliance Magazine Market Insight: February 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows