Lowe's Companies Inc LOW reported that its board has authorized a $5 billion shares repurchase program.
Lowe's also declared a quarterly cash dividend of $0.14 per share.
Last week, Lowe's reported downbeat quarterly sales and lowered its fiscal-year forecast.
Lowe's shares dropped 1.38% to close at $19.31 on Friday.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Ex-Date | ticker | name | Dividend | Yield | Announced | Record | Payable |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in