Home Depot Gives Investors a $15 Billion Christmas Gift
Home Depot (NYSE: HD) is the stock that keeps on giving. Ahead of its analyst meeting, and just in time for the holidays, the retailer announced a $15 billion share buyback.
For longtime owners of the stock, the announcement is nothing new. Under the last two CEOs, Home Depot has become perhaps the most prodigious buyback policy among all retailers in both length and in dollar figures. In the past decade, the company has repurchased more than $50 billion in shares, cutting the company's weighted average shares outstanding by one-third.
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Source: Fool.com
Home Depot Inc. Stock
€313.05
-0.020%
The stock is one of the favorites of our community with 35 Buy predictions and 3 Sell predictions.
As a result the target price of 348 € shows a slightly positive potential of 11.16% compared to the current price of 313.05 € for Home Depot Inc..
